Wyggeston Street, Burton-on-trent, DE13

**Landlord Investment Opportunity ** HMO Property With High Yield Income ** Landlords Only ** Six Bedrooms **

A unique HMO style property in good condition with continuous tenancies offering high income yield. The property in brief comprises, communal hallway with guest cloakroom WC, Communal lounge leading to the open plan fitted dining kitchen with built-in appliances. There is an additional communal uPVC conservatory across the rear aspect of the property with access to the off road parking area.
There are currently six individual bedrooms with two independent shared bathrooms.
Outside is hardstanding to the front and rear of the building.

A landlord investment opportunity being sold with tenants in occupation as an ongoing investment sale. The property is currently let at ?31,459 gross per year excluding costs. All viewings strictly by prior appointment.

The Accommodation

The property has had continuous use as a HMO, and the current landlord has a licence approved, along with deemed consent. This property is being sold as an ongoing HMO, the new owner will need to seek advice from the local authority to have the licence transferred into their names.

Communal Hallway

Cloakroom WC

Communal Lounge

Open Plan Kitchen Diner

uPVC Conservatory

Bedroom One

Bedroom Four

First Floor Accommodation

Bedroom Two

Bedroom Three

Bedroom Five

Bedroom Six

Bathrooms x2

Income

The property is currently let at ?31,459 gross per year. The landlord is responsible for gas and electricity and council tax of the building, along with Insurances.Room 1 - paying ?411.67 p/mRoom 2 - paying ?563.33 p/mRoom 3 - paying ?433.33 p/mRoom 4 - paying ?390.00 p/mRoom 5 - paying ?390.00 p/mRoom 6 - paying ?433.33 p/m

HMO Licence

The home has been used as a HMO with assured shorthold tenancy agreements, with the current owners having a HMO licence in place with the local authority, therefore proving deemed consent as a HMO for the purpose of article 4. The new owners will have to apply for the HMO licence in their names, but are able to provide evidence for deemed consent for the process. Images taken before full occupation of the home, the home is currently fully occupied, therefore an internal viewing is essential for a proposed buyer to satisfy themselves as to the internal condition before purchase. The images alone cannot be relied upon. The home is being sold by an a member of staff within Nicholas Humphreys. Draft details awaiting vendor approval and subject to change.