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£350,000

5 bedroom semi-detached house
Fishers Field, Buckingham

Contact Connells at Buckingham branch for information

T: 01280 822 727
buckingham@connells.co.uk

Ref: BUK305100


no stamp duty

Located within a short walk to the town centre of Buckingham, is this five bedroom HMO with a potential revenue of £32'000 p.a

The house was originally a 4 bedroom property and the current owners have added extra showers rooms and changed the layout slightly so that the property has five bedrooms each with own en-suite. The ground floor accommodation consists of a communal sitting room and separate communal kitchen and one en-suite bedroom. The first floor consists of four bedrooms each with their own en suites. There is off road parking to the front, garage and an enclosed rear garden.

The property is currently a fully licensed HMO but due to new legislation any new buyer looking to use for the same purpose would need to make some alterations to bedrooms 3 & 4 in order to comply with the new rules around bedroom sizes. There are a number of straightforward ways to do this and we would be happy to discuss the various solutions.


Key Features

  • Good investment property
  • 5 Bed HMO
  • 9% yield (£32'000 p.a)
  • Gardens
  • Communal areas
  • Off road parking
  • Good location
  • No chain

Tenure

Freehold

Full Details

Mortgage Services
Connells Buckingham have an experienced Mortgage Consultant who can offer advice and recommend products based on your circumstances. For more information on our fantastic services, contact us on 01280 822727

Sitting Room 15' 3" x 13' 5" ( 4.65m x 4.09m )

Kitchen 9' 10" x 8' 9" ( 3.00m x 2.67m )

Bedroom Five 10' x 10' ( 3.05m x 3.05m )

First Floor

Bedroom One 10' 11" x 10' 2" ( 3.33m x 3.10m )

Bedroom Two 11' 6" x 9' ( 3.51m x 2.74m )

Bedroom Three 9' 2" x 7' 4" ( 2.79m x 2.24m )

Bedroom Four 8' 3" x 7' 10" ( 2.51m x 2.39m )

Rear Garden
Secure rear lawned garden.

Directions

A 5 bedroom HMO with a potential turnover of £32'000 p.a. The house was originally a 4 bedroom property and the current owners have added extra showers rooms and changed the layout slightly to service 5 bedrooms with a communal lounge and kitchen. Outside there are gardens to front and rear and off road parking.
EPC

Please note that the marker reflects the centre of the postcode rather than the exact property location.

To view this property please contact Connells on

T: 01280 822 727
buckingham@connells.co.uk

2 West Street, BUCKINGHAM, Buckinghamshire, MK18 1HL

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

  • (1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  • (2) These particulars do not constitute part or all of an offer or contract.
  • (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
  • (4) Potential buyers are advised to recheck the measurements before committing to any expense.
  • (5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
  • (6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Go to Buckingham branch