16 bed flat for sale Regent Street, Leamington Spa CV32

Full Description**Flexible Purchase Options Available**An excellent opportunity to purchase two self-contained eight-bedroom apartments in the heart of Leamington Spa town centre. Both apartments are fully HMO licensed and currently let on a room-by-room basis.Each apartment consists of – entrance hall, eight bedrooms, open plan communal living area / kitchen and two bathrooms.The apartments are offered for sale with no upward chain.Property Features:• 2 self-contained eight-bedroom apartments• 2 bathrooms in each apartment• Fully compliant with HMO licensing regulations• Currently let on a room-by-room basis (vacant possession is possible)• Excellent location in Leamington Spa town centre• Ideal investment opportunityPotential Income Overview:• Monthly income: £9,600• Annual income: £115,200• Gross yield: Approx. 10.7%All income figures are estimates only and based on full occupancy at the stated average rental rate.EPC Ratings:Flat 1 - 66/D (all improvements made)Flat 2 - 82/B (all improvements made)Council Tax Band's:Flat 1 - DFlat 2 - DTenure:The apartments are understood to be leasehold and have approximately 984 years remaining on the lease. There is no service charge or ground rent. All buyers are strongly advised to seek verification of all matters relating to the lease, ground rent and service charge via their legal representative before exchanging.**enquiries**For all enquiries, viewing requests or to create your own listing please visit the Emoov website.If calling, please quote reference: S5218