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6 bedroom flat for sale
Clarendon Avenue, Leamington Spa
£400,000
Clarendon Avenue, Leamington Spa
£400,000
Price History
Initial price | £450,000 |
19/07/24 | £400,000 |
Price Change | -11.11% |
Description
This is a rare investment opportunity to acquire a town centre property, currently functioning as a 6-bedroom HMO with a licence until 2028. The property has generated over £41,000 in gross income over the past 12 months. Situated north of the town centre, it is within easy reach of local amenities. The property features a mix of shared and en-suite rooms, with a shower room, kitchen/dining area, and several bedrooms, including three with en-suite facilities. The property has a unique layout, with a mezzanine landing and feature angled ceiling lines on the top floor. The property is leasehold, with a new 999-year lease, and comes with a service charge and peppercorn ground rent. The property has all mains services connected, including gas, although the central heating, domestic hot water system, kitchen appliances, and other services have not been tested.