4 Bed Terraced House For Sale

***INVESTMENT OPPORTUNITY – 4 BEDROOM HMO***

A house of multiple occupancy (HMO) with a fresh certificate of lawfulness (LDC) granted 3rd of March 2023, preserving the heritage of the status which has been developed by the current investment owners who are looking to sell. The use of the house of occupation where a maximum of four persons reside.

Currently let with a gross yield circa £19,320 inclusive of bills giving an investment valuation at £265,000 with a yield exceeding 7%. Fresh tenancies have been confirmed from 15 September 2023 for 12 months.

Loughborough is a thriving town, lying a short distance from Junction 23 of the M1 motorway network. The town has a mainline railway station providing regular services to London St. Pancras and provides easy access to East Midlands Airport. This exclusive development is located on the south-west side which is ever so popular for professionals, affluent students and professionals situated within the second largest town in Leicestershire. Fine eateries, a multitude of shops, banks and building societies, coffee shops, fitness centres, a cinema & bars, the town has a wide variety of leisurely opportunities.

Room 1 - £415pcm
Room 2 - £415pcm
Room 3 - £415pcm
Room 4 - £365pcm

These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate. Prospective purchasers are always advised to commission a full inspection before deciding to proceed with a purchase.

Please note, historical photographs have been used and are for illustrational purposes only.