6 Bed Investment - Let - Offers In Excess Of £370,000
CALLING ALL INVESTORS – HMO WITH SIX ROOMS AND SELF CONTAINED COMMERCIAL UNIT. This is a superb investment opportunity which is READY TO START GENERATING AN INCOME, Currently under the final stages of renovation, being upgraded to a high modern standard throughout. Located on a corner plot opposite the Maude Foster Drain in the Lincolnshire Market Town of Boston. Located within easy reach of all the local shops services, Boston College and local amenities. Ground floor accommodation comprises entrance hall, two studio style bedrooms both with kitchenette and en-suite shower room facilities, a large separate modern kitchen and luxury shower room. A 15ft x 14ft former barber shop area perfect for either a small office or retail outlet. Upstairs there are three further studio style bedrooms all with en-suite shower rooms, plus bedroom/reception room. Almost complete this stylish and modern accommodation will generate a good yield. It has been predicted that each studio en-suite room could generate at least £500 per month, with £450 plus per month for a standard en suite bedroom and £500 per month for the commercial unit (C3 and A1 Licence Planning reference B/20/0494) In summary a very healthy return on investment if managed correctly. Estimated gross rental income of in excess of £47,000 per annum. Viewing advised!!!