10 bedroom house for sale

Overview

To the front of the property is a generous parking area

For Sale by Modern Method of Auction. Starting Bid £350,000 plus Reservation Fee.Attention Investors!It's very rare to be able to purchase an established HMO which is already a profitable and sustainable business. For further information contact the BranchThe property is detached and occupies an attractive position on this sought after development on the northern fringe of the town. This is ideal for a number or larger employers which ensures a great demand from potential tenants.The property has five letting rooms on the ground floor, a large kitchen and shower room.On the first floor there are five further bedrooms, one with a kitchen area and end-suite shower room, and a good size bathroom together with a separate cloakroom.To the front of the property is a generous parking area. To the rear is a garden. To the side of the house is a building plot which can be purchased by separate negotiation.Currently tenanted achieving from £90 - £120 per room, roughly £1000 per week with expenses:Commercial bin company - £70 per month Mortgage £690 Council Tax £280 pcmEnergy bill - £750 pcm Wi-fi £20-25 pcm Water £50-60 pcm Insurance - £500 pa Mobile coverage from all four major networks.Superfast Fibre BroadbandAll services are mains connectedOff street parking*Results provided by Ofcom and correct at time of listing* For more details and to contact: https://realtyww.info/houses_shrewsbury-d196870/for-sale_i71564462

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