Available
Asking Price
£180,000
5-Bedroom town centre maisonette licensed house of multiple occupancy.
61a Commerical Street, Norton town centre, a maisonette that has been improved over recent years and is registered as a house of multiple occupation (HMO) with Ryedale District Council.
The property was completed to all necessary building regulations at the time of conversion, including sound proofing, insulation, fire alarms and smoke detectors.
The property is double glazed and heating is provided by Rionte electric panel heaters fitted by the current vendors in 2022.
The property is licensed for occupation by up to 5 people and is currently at 100% occupancy, and achieves a yearly rental income of £25,480 (assuming no void periods). As a HMO landlord you will be liable to pay the council tax, insurance and water and electricity for the property, so please ensure you take this into an account before making an offer.
Each of the five bedrooms are double in size and meets the HMO measurement requirements. Bedroom Four has its own private en-suite shower room.
There are two shared shower rooms, one on both the first and second floors.
The communal kitchen is located on the first floor and provides adequate workspace and storage for all five occupants.
The property has CCTV, emergency lighting, fire alarms/sensors in all areas of the home and fire extinguishers on each floor.
The property is connected to mains water, drainage and electricity and has a broadband connection.
Please note that we (the selling agent) have a part ownership stake in this property.
Tenure is Leasehold for 150 years from May 2006
Call Bespoke Property Agency today for a viewing!