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Westlea Road, Leamington Spa

£450,000 For Sale
  • Ref: SPA309805
  • Type: Semi Detached
  • Tenure: Freehold
  • Availability: Offers Over
  • Bedrooms: 7
  • Bathrooms: 2
  • Reception Rooms: 0
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Property Features

  • CURRENT HMO GENERATING £36,000 GROSS ANNUAL INCOME
  • SEMI DETACHED FULLY COMPLIANT HMO LAYOUT
  • SEVEN BEDROOMS
  • DRIVEWAY TO THE FRONT
  • BATHROOM WITH ADDITIONAL SHOWER ROOM FOR TENANT CONVINIENCE
  • WELL MAINTAINED THROUGHOUT
  • STRONG RENTAL DEMAND BEING CLOSE TO THE TRAIN STATION
  • FANTASTIC INVESTMENT PURCHASE

Property Summary

‘‘WELL MAINTAINED SEMI DETACHED FULLY COMPLIANT HMO LAYOUT ‘‘ SEVEN BEDROOMS ‘‘ CURRENT HMO GENERATING £36,000 GROSS ANNUAL INCOME‘‘ GREAT INVESTMENT PURCHASE ‘‘ DRIVEWAY TO THE FRONT ‘‘ EPC RATING C ‘‘ NO ONWARD CHAIN ‘‘COUNCIL TAX BAND B ‘‘ STRONG RENTAL DEMAND BEING CLOSE TO THE TRAIN STATION‘‘

Full Details


SUMMARY
‘‘WELL MAINTAINED SEMI DETACHED FULLY COMPLIANT HMO LAYOUT ‘‘ SEVEN BEDROOMS ‘‘ CURRENT HMO GENERATING £36,000 GROSS ANNUAL INCOME‘‘ GREAT INVESTMENT PURCHASE ‘‘ DRIVEWAY TO THE FRONT ‘‘ EPC RATING C ‘‘ NO ONWARD CHAIN ‘‘COUNCIL TAX BAND B ‘‘ STRONG RENTAL DEMAND BEING CLOSE TO THE TRAIN STATION‘‘


DESCRIPTION
A fantastic investment opportunity to acquire this substantial seven-bedroom semi-detached property, currently operating as a House in Multiple Occupation (HMO) and generating an agreed rental income of £3,000 per calendar month, with scope to increase.

The property offers spacious and well-proportioned accommodation arranged over two floors, comprising seven bedrooms, a communal lounge, fitted kitchen, utility room, family bathroom and shower room and a convenient downstairs cloakroom. The layout lends itself perfectly to multi-let accommodation, making it an attractive prospect for investors seeking an established rental property with strong returns.

Externally, the property benefits from a driveway providing off-street parking, offering added convenience for residents.

The property is offered to the market with no onward chain and is ideally situated close to the train station, providing excellent transport links and making it a desirable location for tenants.

This is a great opportunity for investors looking for a well-located property with immediate rental income.

Entrance Hallway
Welcoming entrance hallway with stairs rising to the first floor and doors to bedroom two and the lounge.

Lounge10‘ 11‘ x 10‘ 5‘ ( 3.33m x 3.17m )
Spacious, light and airy lounge with a window to rear elevation and doors to bedrooms one and three as well as the kitchen

Kitchen15‘ 6‘ x 9‘ 5‘ ( 4.72m x 2.87m )
Fitted with base units with complementary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit. Providing space for appliances, a window to side elevation, access to the utility cupboard and doors to the side, bedroom four and the downstairs W/C.

Downstairs W/C
Fitted with a wash hand basin and a low level W/C.

Bedroom One14‘ 2‘ max x 12‘ 10‘ ( 4.32m max x 3.91m )
Bay-fronted double bedroom.

Bedroom Two12‘ 11‘ x 9‘ 10‘ ( 3.94m x 3.00m )
Double bedroom with a window to front elevation.

Bedroom Three13‘ x 9‘ 3‘ ( 3.96m x 2.82m )
Double bedroom with a window to rear elevation.

Bedroom Four10‘ 4‘ x 9‘ 10‘ ( 3.15m x 3.00m )
Double bedroom with a window to side elevation.

First Floor

Landing
With doors to bedrooms five, six and seven as well as the bathroom and separate shower room.

Bedroom Five11‘ 1‘ x 11‘ 7‘ ( 3.38m x 3.53m )
Double bedroom with a window to rear elevation.

Bedroom Six7‘ x 14‘ 3‘ ( 2.13m x 4.34m )
Double bedroom with a window to rear elevation.

Bedroom Seven11‘ 1‘ x 11‘ 4‘ ( 3.38m x 3.45m )
Double bedroom with a window to front elevation.

Bathroom
White three piece suite fitted with a wash hand basin, bath and low level W/C. With a window to front elevation.

Shower Room
Fitted with a wash hand basin and a shower cubicle.

Outside

Parking
Driveway providing off road parking.

Garden

Buyer Aml Fee
Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Marketed by: Connells - Leamington Spa
7-8 Euston Place,,Leamington Spa