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£350,000
Bedrooms
Bathrooms
Reception
Belvoir Sales and Lettings are delighted to present this mid-terrace, five-bedroom HMO student investment opportunity. Ideally located close to local universities, this property offers excellent rental potential, with the opportunity to generate up to 22,560 per annum. It is also currently marketed for the 2026/2027 academic year, making it an attractive, ready-made investment for landlords.
Retaining a selection of charming original features alongside modern touches, the property offers spacious and versatile accommodation arranged over three floors, comprising: lounge, dining room, fitted kitchen, ground floor bedroom, three first-floor bedrooms, a separate WC and bathroom, and a fifth attic bedroom with an en-suite bathroom. Externally, the property benefits from a generous rear courtyard garden.
Situated only a stones throw from the popular Clarendon Park Road and Queens Road, the property provides easy access to shops, cafs, bars, amenities, public transport, and the nearby universities.
ENTRANCE HALL
The entrance hall features laminate flooring and provides access to the ground floor bedroom, lounge, and staircase leading to the first floor.
BEDROOM ONE (Ground Floor)
4.14m x 3.21m
A spacious double bedroom, neutrally decorated and fitted with laminate flooring, with large windows overlooking the front of the property.
LOUNGE
4.24m x 4.04m
A bright and neutrally decorated living space with laminate flooring throughout. Large patio doors open directly onto the rear garden. There is also access to an understairs storage cupboard and the dining room.
DINING ROOM
4.57m x 2.40m
A well-sized room with laminate flooring, neutral dcor, and a large window overlooking the rear garden. Ample space for dining furniture.
KITCHEN
2.47m x 2.40m
A fitted kitchen featuring oak-style units with chrome handles, electric hob and oven, sink with drainer, and access to a small utility area with space for a washing machine, dryer, and a large fridge-freezer.
First FloorLANDING
Carpeted and neutrally decorated, providing access to three bedrooms, the bathroom, WC, and staircase to the second floor.
BEDROOM TWO
4.79m x 4.13m
A generously sized double bedroom, neutrally decorated and carpeted, with large front-facing windows.
BEDROOM THREE
4.00m x 3.84m
A spacious double bedroom, neutrally decorated and carpeted, offering ample space for furnishings.
BEDROOM FOUR
3.42m x 2.43m
A single bedroom, neutrally decorated and carpeted, overlooking the rear garden, with space for essential furniture and storage.
BATHROOM
2.09m x 1.48m
A separate bathroom fitted with a bath and overhead shower, and wash basin.
WC
1.76m x 0.93m
A separate WC comprising a toilet and basin.
Second FloorLANDING
Provides access to the fifth bedroom.
BEDROOM FIVE
7.38m x 4.35m
A large double attic bedroom, neutrally decorated and carpeted, featuring roof windows and access to an en-suite bathroom.
EN-SUITE
2.50m x 2.01m
Neutrally decorated with mosaic-style lino flooring, comprising a shower enclosure, toilet, and wash basin.
Permit Parking Zones
The property is located within a controlled parking zone. Buyers and tenants should make their own enquiries with the local council regarding permit availability and associated costs.
Article 4
This property falls within an Article 4 direction area. Prospective purchasers are advised to check with the local authority regarding licensing obligations and requirements prior to purchase.
EPC rating: D. Council tax band: C, Tenure: Freehold,Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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