Large 4 bedroom Semi let on a secure 3 year tenancy agreement producing a net income of £9,750pa.

Very large 4 bedroom semi, fully refurbished to a high standard and comprising of:-

Lounge and dining room

New kitchen

Utility room

Hall way

New bathroom

Down stairs w/c

Re plastered throughout

RE-wire / New CH / DPC / New plumbing

New UPVC windows throughout / New internal / external doors

New Full decor and carpets / New blinds throughout

New furniture and appliances throughout

Certification Provided

Gas

Electric

EPC

This property has under gone a total refurbishment and has been accepted on a government Asylum Housing Scheme, and is supplied fully let on a new 3 year contract.

It is situated in a regeneration area close to new transport links and University.

The property provides 5 bed spaces and meets all current HMO regulations, a damage repairing lease has been agreed until June 2012 with an option to continue, if both parties agree.

Rental Income = £ 9,750 pa

25% Deposit = £ 41,250

Loan = £ 123,750

Mortgage @ 5% = £ 6,188 pa

Net Income = £ 3,563 pa