The property currently generates a gross annual income of £15,780. At a sale price of £200,000 this equates to a yield of 7.9%

The 4, current tenants are of the highest quality. One is Post Doctoral researcher, two are on PhD programmes. Two of the housemates are long term tenants having rented for 4 and 10 years. The tenants are mature, responsible with strong communication skills offering a very desirable alternative to other tenant demographics.

C4 planning consent : Charles Street has C4 consent.

Charnwood Borough Council granted the property a Certificate of Lawful use or Development for Use Class C4 on 26/6/18

HMO Licensing : A HMO License is NOT required.

To summarise this property offers a unique investment opportunity. A very attractive yield of 7.9%, generated by a well presented house with 4 excellent tenants.

Within 1.3 mile to Loughborough University. Superb letting history, Great rental location for University, East Midlands Airport, Town centre and Loughborough s main commercial district. Call Our office today to arrange your viewing!

This bay fronted Victorian end terrace property benefits from gas central heating and double glazed windows. Set on a good size plot this property consists from entrance hall, two bedrooms, open kitchen diner and shower room to the ground floor. To the first floor there are a further two bedrooms, study room and bathroom. Outside the property has a graveled rear garden and courtyard style to the front. The property is sold as seen. Not to be missed!

Article 4 Consent

The vendor of the property has informed the selling agent Nicholas Humphreys that this property has Article 4 status. However, the purchaser is responsible to confirm this with Charnwood Borough Council or via the vendors Solicitors.

Services

Mains water, gas and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Free Valuations

If you have a property to sell please contact us to arrange your free valuation.

Local Authority

Charnwood Borough Council, Southfields, Loughborough, Leicestershire, LE11 2TU.

Fixtures, Fittings & Appliances

The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photographs

Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements

Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering

Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on these Particulars of Sale as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business

Our office is open Monday to Friday 9am till 5.30pm and Saturday, 9am till 4pm.

Disclaimer Property reference VE_27894120. Details are provided and maintained by Nick Humphreys. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.