A highly productive HMO producing £42,120 pa

Located close to the town centre this 7 bedroom HMO is a highly productive investment producing £42,120 gross income fully let. The property is in favourable order and is ideal for an experienced investor looking for a strong income. The property is located close to the town centre and railway station.

Tenure

Freehold

Ground Floor

Hall, lounge/bedroom, dining room/bedroom, breakfast room kitchen, shower room.

First Floor

Landing 4 bedrooms, bathroom, sep wc

Second Floor

Landing, Bedroom

Outside

small front and rear gardens.

Council Tax Band

B

Viewings

Viewings are available by appointment only. To book a viewing please contact the Norwich office.

Require a Mortgage or Loan?

We strongly advise that your finance is fully approved prior to bidding. Please be aware that an Agreement in Principle (AIP) may not be sufficient. Should your lender be unable to proceed post-auction, you risk losing your deposit and incurring significant costs. To ensure you are fully prepared, contact our team today to discuss auction finance options and secure funding before bidding.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Leathes Prior (The Close), Ref: Rachael Hughes, Tel: 01603 281004

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.