Fitton Estates are pleased to offer for sale this substantial freehold investment comprising a fully licensed nine-bedroom House in Multiple Occupation.
Arranged over four floors, the property provides nine individually let bedrooms together with communal kitchen, shower room and WC facilities, producing a current gross rental income of approximately £48,880 per annum.
The property benefits from a current HMO Licence permitting occupation by up to nine residents together with established planning consent for HMO use dating back to 1996.
The investment has been professionally managed and is accompanied by an extensive compliance portfolio including a current HMO Licence, tenancy agreements, rent schedule, Electrical Installation Condition Report, Gas Safety Certificate, Fire Risk Assessment, Fire Alarm Inspection Certificate, Emergency Lighting Inspection Certificate,
Asbestos Management Survey and Energy Performance Certificate.
An EPC Rating of B, valid until April 2033, is particularly noteworthy for a property of this age and demonstrates the continued investment made into the building.
The vendor has advised that all recommendations arising from the Fire Risk Assessment have now been completed, with written confirmation awaited from the contractor.
Overall, this represents an excellent opportunity to acquire a fully income-producing HMO investment with a comprehensive due diligence package already assembled, enabling purchasers to proceed with confidence.
