DESCRIPTION:
Fully Licensed 6 bedroom HMO with separate 1 Bedroom House to the rear. Rental income £70,800 per annum, generating a gross yield of circa 14.9% with potential to increase. FREEHOLD.
ACCOMMODATION:
Ground Floor:
Hall, 2 x Shower Rooms with WC’S.
Reception, Dining Room. Kitchen.
Bedroom One £800.00 pcm
Bedroom Two £800.00 pcm
First Floor:
Bedroom Three £700.00 pcm
Bedroom Four £800.00 pcm
Bedroom Five £700.00 pcm
Bedroom Six £800.00 pcm
Shower Room with WC.
Outside:
Separate 1 Bedroom House.
Reception, Kitchen, One Bedroom with shower room and WC.
£1300.00 pcm.
Parking for numerous Vehicles.
*All RENTALS ON AST’s*
LOCATION:
Weston-super-Mare, also known simply as Weston, is a seaside town in North Somerset, England. It lies by the Bristol Channel 20 miles south-west of Bristol between Worlebury Hill and Bleadon Hill. It includes the suburbs of Mead Vale, Milton, Oldmixon, West Wick, Worlebury, Uphill and Worle
TENURE:
Freehold.
UNCONDITIONAL LOT:
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).
