Lawford Road, Rugby

£1,100,000 Guide Price

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  • Property Details
  • 0
  • 19
  • 19
  • Availability: On The Market
  • Bedrooms: 19
  • Bathrooms: 19
  • New Build: 1

Property Summary

FIRST YEARS RENT WILL BE GUARANTEED HAS A CASH BACK OPTION (£8000.00 PCM)
****ATTENTION A FABULOUS OPPORTUNITY FOR SERIOUS INVESTORS VIDEO TOUR AVAILABLE****
A large 17 bedroom and 1 bedsit HMO with separate commercial unit.
This property has recently been converted and has been finished to a high standard. Now fully finished for and ready for immediate occupation. Double glazed throughout and each individual room has night storage central heating.
The property consists of 18 units for letting comprising of:
1 x 1 bedroom downstairs bedsit with en-suite
3 x single en-suite rooms
14 double en-suite rooms
The accommodation also comprise of three high spec modern kitchen diners, a large cellar which houses the hot water tank system. Outside across the yard there is an outhouse that has been set up to take 3 large coin operated washing machines and 3 dryers (contract to be finalised). The property is situated in the centre of Rugby town and benefits from all amenities close by.
The total site is budgeted to have an annual return of £120,000 per annum and an internal inspection would be highly recommended. Energy Rating E (120)
Investors please note that there are two titles that are involved in the sale.
No.1 The shop commercial premises £250,000
No.2 The large HMO building £850,000
Total asking price £1.1 million for the whole building

Full Details

CELLAR

Cellar - Area 1 (7.21m x 6.60m)

Cellar - Area 2 (6.93m x 4.17m)

GROUND FLOOR

Kitchen (7.11m x 2.92m)

Laundry Room

Room 1 (Bedroom) (3.84m x 3.99m)

Room 2 (Lounge) (3.84m x 2.64m)

Room 2 (Bedroom) (3.84m x 2.59m)

Room 3 (Bedroom) (2.51m x 2.72m)

Room 4 (Bedroom) (5.69m x 3.61m)

Room 5 (Bedroom) (5.69m x 2.49m)

Room 6 (Bedroom) (2.69m x 2.01m)

Room 7 (Bedroom) (5.69m x 2.36m)

Room 8 (Bedroom) (2.84m x 2.92m)

Room 9 (Bedroom) (4.27m x 2.95m)

Room 10 (Bedroom) (5.28m x 4.06m)

FIRST FLOOR

Kitchen (3.45m x 4.98m)

Room 11 (Bedroom) (3.61m x 2.41m)

Room 12 (Bedroom) (2.82m x 3.84m)

Room 13 (Bedroom) (3.07m x 2.74m)

Room 14 (Bedroom) (3.07m x 3.28m)

Room 15 (Bedroom) (3.25m x 2.95m)

Room 16 (Bedroom) (3.45m x 1.93m)

Room 17 (Bedroom) (3.33m x 4.24m)

Room 18 (Bedroom) (2.01m x 2.54m)

SECOND FLOOR

Kitchen (4.04m x 3.86m)

Communal Area (4.04m x 3.68m)