16 bed detached house for sale

Kings Road, Alton, Hampshire GU34

Auction guide price - £1,300,000
A fantastic opportunity to acquire a fully licensed HMO property in a highly sought after location in one of Alton’s finest roads.

1. The property has planning for three extra rooms to be added to the HMO and this will increase revenue by around £3,000 a month.
2. The site is on a very large plot and there is ample scope for a second property to be added to the grounds in the future (STPP) The property also has a studio at the bottom of the garden which could easily be converted into a two bedroom bungalow or two independent one bed flats.

Facilities include:

16 bedrooms

15 bathrooms

EPC Rating - 'B'

Valid HMO Licence

Total Approx Annual Gross Income: £135,000

Total Approx Annual Running Costs: £17,000

Air source heat pump

Large gardens and heated swimming pool

Communal living room with wood burner, 2 kitchens, sun terrace, conservatory, entrance hall.