Adelaide Road

Leamington Spa

£1,075,000

  • 8

Property Details

***INVESTMENT OPPORTUNITY*** ***RENTAL INCOME OF £45,000 PA*** *****Potentially could increase to £71,000 if the ground floor area rooms were also rented*****

An outstanding six bedroom detached Edwardian home. Boasting stunning views over the riverside and bowling green, this really is an impressive property located on the corner plot side of Adelaide Road and York Road. The property boasts over 4,000 square feet and plenty of characterful features.

The current house is separated into six bedrooms all with En-Suites, located on the first and second floor. Each bedroom has an En-suite. There is a communal kitchen and living room for these bedrooms. Currently each apartments bring in a rental income of circa £46,000 per year. There is also a two bedroom owners flat on the ground floor that has the potential to be rented out for the new owners as a three bedroom ground floor flat. Potentially increasing the annual income to £71,000.

The property has a double garage and garden.

This is a perfect investment opportunity to purchase this imposing property with six tenants in situ.

Features

  • DETACHED
  • EDWARDIAN
  • FANTASTIC LOCATION
  • GARAGE
  • SIX BEDROOMS PLUS 2 BEDROOM OWNERS ACCOMMODATION ALL WITH EN-SUITES!
  • GOOD YEARLY RENTAL INCOME
  • **Over 4,000 square feet**
  • ANNUAL INCOME OF CIRCA £46,000 BUT WITH POTENTIAL OF £71,000 IF OWNERS FLAT WAS RENTED OUT TOO.
  • PERFECT INVESTMENT

Location

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