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13 bed property
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The property is a former care home located in a prime investment opportunity, with approved planning permission for a 13-bed en-suite HMO and multi-let office income. The HMO features two spacious lounges, a large communal kitchen space, gym, craft room, laundry room, bike store, and side and rear gardens, with local agents anticipating rental levels of approximately £650 per month per room. The building also has a front section with income-producing service offices, including four occupied offices and five vacant offices, with estimated rental values of £250-£700 per month per office. The property benefits from a private car park, no parking restrictions on neighbouring roads, and excellent public transport connectivity. The property is in good cosmetic order, allowing for the immediate progression of letting and marketing of the HMO rooms and vacant office suites, with estimated annual gross income potential.