Penrose are delighted to present to the market this fully licenced and extremely well run and managed house of multiple occupancy. The property has been let to student doctors and nurses for over four years now and can continue on this basis for any new owner. The property has been bringing in £2000 per month across the five rooms but prices are due to be reviewed. With four and half years remaining on the current licence it is a ready to rent investment and with all legislation and requirements fully met a hastle free one. The property is located in a prime LU1 position for tenants just a short walk to the town centre and university and also with close proximity of the M1 and town centre train stations. The ground floor comprises of two large double rooms, shower room, well proportioned kitchen and the common room with access into the courtyard garden. The first floor has a further three generous bedrooms and the main bathroom. Externally to the rear is a courtyard garden space with gated access out to the adjoining road. A brick outbuilding is perfect storage. The loft space remains unconverted but fully boarded and with a large landing for a return staircase offers great potential for further rooms if required. All external doors and windows have been fully replaced with new over the last four years with FENSA certificates in place. A great investment and one not to miss.
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Property: Mid Terrace