PROPERTYDESCRIPTION Offered to the market is this five double bedroom HMO property in the ever-desirable Burley which remains popular with both professionals and student tenants. This through terrace has accommodation spanning over four floors, with five good sized bedrooms, shower room, house bathroom, fully fitted breakfast kitchen, and a well-proportioned living room. Externally there is on street parking and has the advantage of a low maintenance rear garden. The property is currently vacant but was previously rented to five tenants and achieving £1999pcm – presenting a highly lucrative 9% gross rental yield. EPC Rating D.
The property is believed to have tenancy records dating back to 2011, however the property has not been managed by HOP for the entire period of time so we would recommend any buyers make their own checks to the status of this. The property is being sold fully furnished and with all gas and electrical compliance certification in place. The property is currently vacant and has an HMO licence in place until September 2022 for a 6-person occupancy.