8 Bedroom House For Sale
2 & 4 Cross Street is a freehold investment comprising two adjoining terraced buildings that have been recently refurbished to a high standard. The properties are arranged over three floors and configured as two 4-bedroom Houses in Multiple Occupation (HMO), offering a total of 8 letting rooms, all with en-suite shower rooms.
The investment is fully let to Bedspace Resource Ltd on a 10-year lease which commenced on 8 November 2024. The initial rent is £76,440 per annum, and the lease agreement includes fixed annual rental increases of 3%.
Refurbishment works include the installation of uPVC double glazing, LED lighting, infrared electric heating panels, and a comprehensive fire alarm system.
The total internal area is approximately 222 sq m (2,368 sq ft). Each house includes shared kitchen and lounge facilities, with some bedrooms also featuring individual kitchenettes. Externally, both properties have small rear yards.
Tenure: Freehold
No EPC available for this property
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Utilities
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Rights and Restrictions
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Risks
| Flooded in last 5 years | Ask Agent |
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