Description
This is an excellent investment opportunity to acquire a seven-bedroom townhouse with separate self-contained apartment. Set in a popular and central location for consistently high rental demand the property is only a short stroll to Downpatrick centre with all of its local amenities, shops and facilities.
The properties are both registered HMOs and are all fully let on monthly rolling contracts to seven tenants in main property paying, per room, £400 pcm including rates, the self-contained annexe £550 pcm.
Features
- Excellent Investment Opportunity
- Located in an Area of High Rental Demand with HMO Licence
- Seven Bedroom Townhouse with Separate Self-Contained Apartment
- Grant Oil Combination Boiler
- Up to Date Sprinkler and Fire Alarm System
- Communal Kitchen
- Currently Let with Annual Income of £40,200
- Let on Monthly Rolling Contracts
Location
Mortgage Calculator
Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.
