£235,000

(£167/sq. ft)

6 bed end terrace house for sale
Bridgeland Road, Loughborough LE11

6 beds
2 baths
1 reception
1,403 sq. ft
Tenure:
Leasehold
Service charge:
£1,392 per annum
Time remaining on lease:
84 years
Council tax band:
E
Ground rent:
£500
  1. Property photo 1 of 14.

Points of interest

Property location

Nearby amenities

  • Cobden Primary School & Community Centre0.3 miles
  • Trinity College (SEN)0.3 miles
  • Loughborough0.3 miles
  • Barrow-upon-Soar2.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Tenanted investment property
  • Fully licenced HMO
  • £25,200 rent per annum
  • 10.7% Gross Rental Yield
  • 16.2% hpi (last five years)
  • Video walkthrough available upon request
This is an investment opportunity to purchase a HMO in Loughborough generating £25,200 rent pa & 10.7% gross yield.

Leasehold information

  • Length of lease: 99 years
  • Year lease started: 2007
  • Years left on lease: 84 years (from 2022)
  • Ground rent review period: Tbc
  • Service charge review period: Tbc


Property information

  • Fully licenced HMO
  • Fully let
  • Spread over 3 floors
  • Shared lounge and kitchen
  • 2 x shared bathrooms
  • 1 x downstairs WC
  • 2 dedicated parking spaces
  • EPC rating C
  • Bills included
  • Monthly rental income £2,100


Running costs

  • Council tax £170 pcm
  • Utilities £100 pcm
  • TV/cable £40 pcm
  • Total cost pcm: £310
  • Total cost pa: £3,720


Property location

  • Bus link just outside of the property
  • Loughborough train station is less than 10-minute walk from the property
  • The city centre is around half a mile from the property

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

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More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Vesta Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Vesta Property for full details and further information.