£775,000
8 bed semi-detached house for salePlumer Road, High Wycombe HP11
8 beds
3 baths
1 reception
- Freehold
Connells - High Wycombe
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About this property
Semi-detached house close to town centre, Bucks New University and Wycombe Hospital
Permitted for use as an 8-bed HMO (granted in 2014)
Previously generated approx. £67,000 per annum when fully let
Potential gross rental yield of 8.65%
Accommodation includes 8 bedrooms and 3 bathrooms
Features a spacious reception room and separate kitchen
Benefits from parking for three cars, rear garden and balcony off Bedroom 5
Property requires some refurbishment and improvement
Summary
open house - Saturday 14th February 10:00 - 11:00, contact us for details.
Semi-detached investment property near town centre, university and hospital. Previously an 8-bed HMO generating approx. £67k p.a. Needing a new licence and some work. Includes 8 bedrooms, 3 bathrooms, reception room, kitchen, parking for 3 cars, garden and balcony.
Description
Investment Opportunity
This substantial semi-detached property is ideally located within walking distance of the town centre, Bucks New University and Wycombe Hospital, making it an excellent choice for investors.
Granted permitted change of use in 2014, the property can be utilised as an 8-bedroom House of Multiple Occupancy. The vendor advises that when fully let, the property previously generated an income of approximately £67,000 per annum. Currently requiring a new HMO licence, the accommodation is arranged over two floors and comprises eight bedrooms, three bathrooms, a spacious reception room and a separate kitchen.
Additional benefits include parking for three vehicles, a rear garden and a balcony accessed via Bedroom 5.
Although in need of some refurbishment, the property presents a strong opportunity to add value and secure attractive rental returns.
Entrance Hall
Reception 18' 5" max x 15' 9" max ( 5.61m max x 4.80m max )
Kitchen 12' 8" max x 11' 4" max ( 3.86m max x 3.45m max )
Bedroom One 13' 5" max x 10' 4" max ( 4.09m max x 3.15m max )
Bedroom Two 13' 5" max x 10' 1" max ( 4.09m max x 3.07m max )
Bedroom Three 11' 11" max x 10' max ( 3.63m max x 3.05m max )
Bedroom Four 9' 9" max x 8' 1" max ( 2.97m max x 2.46m max )
Bedroom Five 11' 4" max x 10' 4" max ( 3.45m max x 3.15m max )
Bedroom Six 9' max x 8' 7" max ( 2.74m max x 2.62m max )
Bedroom Seven 8' 11" max x 8' 1" max ( 2.72m max x 2.46m max )
Bedroom Eight 11' 10" max x 10' max ( 3.61m max x 3.05m max )
Bathroom One 8' 2" max x 4' 10" max ( 2.49m max x 1.47m max )
Bathroom Two 5' 9" max x 5' max ( 1.75m max x 1.52m max )
Bathroom Three 5' 9" max x 5' 5" max ( 1.75m max x 1.65m max )
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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