Guide price
£450,000
8 bed terraced house for saleMurray Road, Rugby CV21
8 beds
3 baths
1 reception
EPC Rating: C
- Chain free
- Freehold
Purplebricks, Head Office
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About this property
8 bedroom licensed hmo in great location
£58k per annum with yield of 13%.
Epc - rating c new boiler 2024
Long term tenants sold as on-going concern.
Fully furnished turn key investment
Large kitchen diner
Rooms across 4 floors.
Large conservatory and storage sheds.
Close to train station and town centre.
Approximate area = 2270 sq feet / 210 sq m
A fully licensed HMO property spread over 4 floors which has been operating successfully since 2008 with a proven track record, having very little void periods due to its great location.
Benefits include 5 double bedrooms, 1 Single and separate Kitchen / Diner, 1 single bedroom and a self contained Studio on the top floor. 3 bathrooms and a large kitchen / diner provide adequate facilities throughout the property with a small garden to the rear managed by the tenants, some of whom have enjoyed living at the property since 2008.
An ideal investment opportunity in a desirable residential location, with long term tenants in situe who take care of the property.
Property could be described as dated, but its ideal and functional for its current tenant market. There is a Potential to improve property value and rental income.
* no onward chain *
Arrange to view 24/7 via the brochure below!
Note:
All property information is provided as a guide only. You should always check with your solicitor prior to the exchange of contracts.
Location
Rugby is fantastically located for travel and one of England's a mainline junction stations with rail access to London Euston (50 mins), Birmingham New Street (35 mins) and links to most of the rest of the national rail network. The motorway network is also accessible with M1, M6 and A14 trunk roads all within a 10-15 minute car drive. The town centre has a mix of national and artisan brands and a wide selection of cafes bars and restaurants. All age ranges of schooling are available across the town and there is also private schooling available in and around the area including Bilton Grange and Rugby School.
Property Ownership Information
Tenure
Freehold
Council Tax Band
D
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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