£380,000 /Sale price

This is an ideal investment opportunity for a new or experience landlord.The property has 7 lettable bedrooms and a full HMO (House of Multiple Occupancy) licence. It currently generates £3505 pcm (£42,060 PA).Full Description - This is an ideal investment opportunity for a new or experience landlord.The property has 7 lettable bedrooms and a full HMO (House of Multiple Occupancy) licence. It currently generates £3505 pcm (£42,060 PA).The property has massive scope. There is an available room to convert the property into an 8 bed, which it already has fully planning in place for. Moreover, the property benefits from additional outbuildings, off street parking and generous land for further scope of development.The property is ideally located within short proximity to key transport and access routes. 5min drive to M1, 2min drive to town centre, 7 min drive to train station and 19min drive to nearest hospital.At 207 sqmt in size and sitting on a generous plot of easily accessible land, this property has been priced to sell to an astute investor who recognises value when they see it.EPC - EEpc - EPC Rating - EEPC Link - Important Info - Please note that all sizes have been measured with an electronic measure tape and are approximations only. Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves. We cannot vouch that any of the installations described in these particulars are in perfect working order. We present the details of this property in good faith and they were accurate at the time of which we inspected the property. Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.Property Portals - We are proud to be affiliated with the UK's leading property portals. Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com.Thanks - Thank you for accessing these details. Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.