MODERN RESIDENTIAL INVESTMENT PROPERTY IN POPULAR RURAL LOCATION

 

Summary

  • Attractive two-storey, semi-detached, residential HMO property.
  • Generous parking provision.
  • Currently comprising 5 self-contained bedrooms.
  • Shared bathrooms, kitchen and living facilities.
  • Located in an established residential area of Pontesbury.
  • Attractive investment opportunity.
  • Currently fully let producing a rental income of £31,800 per annum.

Accommodation

The accommodation comprises the following areas:

Descriptionsq ftsq m
Building NIA 675 62.71
Total67562.71
1 Police House - E2.jpeg

Location

The property occupies a setback position fronting Minsterley Road within the village of Pontesbury, close to local amenities. Pontesbury is a popular and expanding village, serving a wide catchment area situated approximately 6 miles west of Shrewsbury via the A488 which in turn links to the A5 Shrewsbury bypass.

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Further Information

Price Offers in the region of £375,000

EPC Rating This property has been graded as E (39)


Description

The property comprises a modern, recently converted, two-storey HMO property with single-storey additions to the side elevations being of traditional brick construction, beneath a tiled pitched roof. The property has been converted to provide 5 self-contained bedrooms arranged over the ground and first floor. Each room has access to shared kitchen and living facilities on the ground floor, together with shower rooms on both floors.

To the rear of the property is a generous paved patio/garden, whilst the front of the property comprises a tarmacadam driveway providing parking for 5 vehicles with grassed borders. The property also has benefit of 2 domestic garages.

Terms

The property is currently fully let to 5 individuals on Assured Shorthold Tenancies producing a total rental income of £31,800 per annum. Further details of the tenancy agreements are available from the selling agents upon request.