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.
- Good investment property
- 5 Bed HMO
- 9% yield (£32'000 p.a)
- Communal areas
- Off road parking
- Good location
- No chain
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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 )
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 )
Secure rear lawned garden.
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.