4 Bed Terraced House For Sale

STUDENT ACCOMODATION - FOUR SHARE HMO LET UNTIL SEPTEMBER 2025 £22,800 PA GROSS INCOME

This Four Share Student Accommodation is located within close proximity of Loughborough University, providing an ideal base for student occupation. Currently let as a four share with an active Lawful Development Certificate (LCD) generating a Gross Income £22,800 PA including Bills 7.2% yield (£18,800 Net) The property briefly comprises Kitchen/diner, communal living room, four letting bedrooms, bathroom & shower, DG, GCH, C/Tax Band B (students exempt), EPC D & Freehold. Available as going concern with tenants in situ. Potential for uptake on current rental income

24 HOURS NOTICE REQUIRED FOR ALL VIEWINGS

LOCATION
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.

HMO & LDC
A house of multiple occupancy (HMO) with a fresh Lawful Development Certificate (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

DISCLAIMER
The landlord has made an application with Charnwood Borough Council for retrposective Building Regulations for an upgrade to Kitchen, Bathroom & Lean-to.

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.