0117 946 6690
- Investment opportunity
- 8 bedrooms
INVESTMENT OPPORTUNITY - A substantial 8 bedroom house of multi occupation located just off Gloucester Road and currently producing a rental income of £41,280 p.a. (a 6.35% yield at the guide price), making it an attractive investment and addition to any property portfolio.
Already let for the 2018/19 academic year, at a proposed rent of £42,240 (a 6.5% yield at the guide price).
COMMUNAL SITTING ROOM: 16' 7'' x 12' 0'' (5.05m x 3.65m)
KITCHEN/BREAKFAST ROOM: 15' 7'' x 10' 10'' (4.75m x 3.30m)
UTILITY ROOM: 10' 10'' x 7' 0'' (3.30m x 2.13m)
(off kitchen/breakfast room) with ground floor shower room/wc and recessed storage area with boiler off.
ROOM 1: 12' 7'' x 7' 7'' (3.83m x 2.31m)
ROOM 2: 14' 9'' max into bay x 8' 7'' max into chimney recess (4.49m x 2.61m)
ROOM 3: 15' 7'' x 11' 3'' max (4.75m x 3.43m)
ROOM 4: 16' 3'' max into bay x 12' 0'' max (4.95m x 3.65m)
BATHROOM: 6' 0'' x 6' 0'' (1.83m x 1.83m)
ROOM 5: 11' 8'' max into recess x 7' 1'' max(3.55m x 2.16m)
ROOM 6: 14' 8'' max x 8' 10'' (4.47m x 2.69m)
SHOWER ROOM: 8' 0'' x 4' 2'' max (2.44m x 1.27m)
ROOM 7: 15' 6'' x 9' 0'' max into recesses and below sloped ceiling (4.72m x 2.74m)
ROOM 8: 14' 10'' max into recess x 9' 5'' below sloped ceiling (4.52m x 2.87m)
VIEWING & FURTHER INFORMATION:
available exclusively through the sole agents, Richard Harding Estate Agents, tel: 0117 946 6690.
FIXTURES & FITTINGS:
only items mentioned in these particulars are included in the sale. Any other items such as carpets etc. are not included but may be available by separate arrangement.
it is understood that the property is freehold with an annual ground rent of £???. This information should be checked by your legal adviser.
1. As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st April 2018 and for all existing tenancies on 1st April 2020. It will be unlawful to rent a property which breaches the requirement for a minimum E rating, unless there is an applicable exemption [eg the building is Listed]. The energy performance rating of a property can be upgraded on completion of certain energy efficiency improvements. 2. The photographs may have been taken using a wide angle lens. 3. Any services, heating systems, appliances or installations referred to in these particulars have not been tested and no warranty can be given that these are in working order. Whilst we believe these particulars to be correct we would be pleased to check any information of particular importance to you. 4. We endeavour to make our sales details accurate and reliable but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller. 5. Please contact us before viewing the property. If there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. 6. Any floor plans provided are not drawn to scale and are produced as an indicative rough guide only to help illustrate and identify the general layout of the property. 7. Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations, listed buildings or other consents have been obtained. These matters must be verified by any intending buyer. 8. Please be aware that firstly, areas of first priority (AFP) for schools do change and, secondly, just because a property is located within an AFP this does not mean schooling is guaranteed for resident children. Please make appropriate enquiries of the local authority to ensure you are fully aware of the exact position prior to exchange of contracts.