Regent Street, Leamington Spa, CV32 4NX
For Sale: £1,100,000 For the leasehold
House For Sale
Fully let investment
16 Bed HMO
First and Second Floor HMO
Fixtures and Fittings Included
Rental Income of £95,050 pa
Date room: https://www.dropbox.com/scl/fo/cr3yr79ij2mhgelgm0e1i/h?rlkey=aan2awtu4aom1t8gdeyjj3481&dl=0
The subject property forms the upper two floors plus ground floor access to front and rear within three, 3-storey buildings, the first and second floors having been combined horizontally to provide 16 rooms with shared facilities on each of the first and second floors. The property is of traditional brick construction having pitched tiled roofs. The front elevation is rendered. The rental income of £95,040 pa. The property has a valid HMO license for both Flat 1 and Flat 2. The properties are fully compliant will all new regulations which and require no further work. Recently reissued licenses in October 2023 for a 5 year HMO license.
The subject property is situated above retail to the north of Regent Street in a good secondary location within Leamington Spa Town Centre. There is on-street parking as well as St Peters Multi-storey Car Park only a short walk away. Local shopping centres include Morrisons, Aldi and Sainsbury's. Leamington Spa is 10 miles from Coventry City Centre and 29 Miles from Birmingham City Centre. The A46 is 3.3 miles away and Longbridge Island is 5.8 miles away.