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A fully licensed, tenanted HMO providing an excellent rental income and situated close to Kettering's town centre, railway station and general hospital.
Generating a healthy £24,516 annual rent (gross and when fully occupied) and a net £19,366.44 after services are paid for, this superb investment property provides a net yield of 12%.
Internally the accommodation comprises; entrance hall, two ground floor double bedrooms and kitchen.
On the first floor there are three further bedrooms, a bathroom, separate WC and small box room which is used as a small sitting room.
There is also a small, low maintenance garden to the rear.
A breakdown of the monthly outgoings is-
£121 Council tax
£13.20 TV licence
£144.24 Gas / electric
There was also a new boiler fitted in 2019.
This is a fantastic opportunity to acquire and take over a ready made investment with an exceptional return. For more information or to arrange an internal inspection contact sole selling agents Oscar James today.