Elsden Road, Wellingborough
Guide Price £295,000
6 bedroom end-terraced house for sale
INVESTMENT OPPORTUNITY Fully licensed six bedroom HMO situated in Wellingborough, just 10 minutes’ walk to the train station.
Strategically positioned near essential amenities this property promises convenience and accessibility for all professional tenants.
The property comprises of entrance hall leading to a well-appointed fitted kitchen and a communal WC at the rear of the property. You will also find a low maintenance rear garden.
The ground floor hosts two bedrooms, while the first floor boasts three additional bedrooms and another bathroom with an opportunity to add additional WC/shower room. You will also find the sixth room on the third floor which is a loft conversion.
Managed seamlessly by our dedicated lettings team since 2021, this property has enjoyed uninterrupted occupancy, a testament to its prime location with zero void periods, tenants benefit from both the convenience of the surroundings and access to the train station and town centre.
Don't miss out on the opportunity to invest in this thriving rental asset, This lucrative property generates an impressive annual income of £28,800, offering investors a substantial return on investment (ROI) of 10%. With such a robust financial performance, this asset stands as a testament to its enduring value and potential for lucrative returns.
Given you are also on a corner plot you also have an opportunity to covert this property into multiple flats subject to planning approval.
Council Tax Band: B
Tenure: Freehold
Strategically positioned near essential amenities this property promises convenience and accessibility for all professional tenants.
The property comprises of entrance hall leading to a well-appointed fitted kitchen and a communal WC at the rear of the property. You will also find a low maintenance rear garden.
The ground floor hosts two bedrooms, while the first floor boasts three additional bedrooms and another bathroom with an opportunity to add additional WC/shower room. You will also find the sixth room on the third floor which is a loft conversion.
Managed seamlessly by our dedicated lettings team since 2021, this property has enjoyed uninterrupted occupancy, a testament to its prime location with zero void periods, tenants benefit from both the convenience of the surroundings and access to the train station and town centre.
Don't miss out on the opportunity to invest in this thriving rental asset, This lucrative property generates an impressive annual income of £28,800, offering investors a substantial return on investment (ROI) of 10%. With such a robust financial performance, this asset stands as a testament to its enduring value and potential for lucrative returns.
Given you are also on a corner plot you also have an opportunity to covert this property into multiple flats subject to planning approval.
Council Tax Band: B
Tenure: Freehold
Features
- House of Multiple Occupation
- Walking distance to the train station
- 10% ROI
- Investment Opportunity
- Investors Only
- Fully licensed 6 bedroom HMO
Entrance hall
Entered via single glazed part glazed door to the front aspect, radiator, stairs rising to first floor landing and doors leading to:
Kitchen/lounge
Fitted kitchen comprising wall and base units with work surfaces over, stainless steel sink and drainer unit, tiling to splashback areas, gas cooker, freezer, washing machine, radiator, tiled flooring, double glazed window, door to the rear aspect leading to garden.
WC
low level WC
Garden
Paved patio area for seating and fully enclosed garden.
Bedroom 1
Double sized bedroom, neutrally decorated, double glazed window to the side aspect. Fully occupied room.
Bedroom 2
Double sized bedroom, neutrally decorated, double glazed window to the front aspect. Fully occupied room.
First floor
Stairs rising from entrance hall, leading to bedrooms and bathroom
Bathroom
Suite comprising wash hand basin, WC, bathtub, shower over bath, fully tiled walls and obscure double glazed window to the side aspect.
Bedroom 3
Double sized bedroom, neutrally decorated, double glazed window to the front aspect. Fully occupied room.
Bedroom 4
Double sized bedroom, neutrally decorated, double glazed window to the front aspect. Fully occupied room.
Bedroom 5
Double sized bedroom, neutrally decorated, double glazed window to the front aspect. Fully occupied room.
Second floor
Bedroom 6
Double sized bedroom, neutrally decorated, double glazed window to the front aspect. Fully occupied room.
Reference: RS0214
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
Arrange a Viewing
To arrange a viewing for this property, please call us on 01604 945115, or complete the form below:
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