14:12 PM, 11th December 2013, About 8 years ago
Being sold by current landlords to release funds for investment in a larger HMO.
4 bed multi let HMO producing rental income of £1,880 pcm.
Gross Yield 9.6% based on £230,000 purchase price.
Local Authority Fire Risk Assessed and professionally prepared.
End terrace house, PVCu double glazed windows, central heating and enclosed rear garden. Situated in a popular location for rental with easy access to local amenities, Cambridge Science Park and convenient for the City Centre, this property offers a good return to a potential investor. The current owners have made a significant amount of improvements converting the property to an HMO in 2011 including a new kitchen and new flooring.
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