58 Granville Street, Boston

£155,000
For Sale
1/10
£155,000
For Sale
Holly Walker
Sales Negotiator
01205 359111
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Property summary

Freehold
Gross Income of £27,820 / 16.4% Yield Gross Yield
5 Bedroom HMO
Investors Only
Close To Town
Licenced HMO
Spacious Rooms
Tenants In Situ
EPC Rating - E, Council Tax Band - A
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Get in touch

Holly Walker
Sales Negotiator
01205 359111

More about the property

***FIVE BED HMO***

Pygott and Crone are delighted to market this brilliant investment HMO located within the heart of Boston Town Centre generating a potential gross annual income of £27,820.

The accommodation internally briefly comprises: Entrance Hall, Two Double Bedrooms, Kitchen and External Utility Room to the Ground Floor. To the first floor there are two further Double Bedrooms, a single bedroom, a Shower Room and a Bathroom. To the rear a garden can be found. We have been advised by the current owner that £135 is being achieved for Bedrooms 1 & 3,  £90 is being achieved for Bedrooms 2 & 4 and £85 is being achieved for Bedroom 5. These rents are all paid weekly. Further information available on request.   

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 7 Mbps / Upload: 1 Mbps or less
Superfast: Download: 80 Mbps / Upload: 20 Mbps
Ultrafast: Download: 9000 Mbps / Upload: 9000 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£600 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

Entrance Hall
Bedroom 4
4.14 x 3.35m
Bedroom 5
4.06 x 2.13m
Kitchen
6.73 x 2.34m
WC
Bedroom 1
3.99 x 3.56m
Bedroom 2
3.99 x 2.29m
Shower Room
1.52 x 1.22m
Shower Room 2
1.57 x 1.35m
Bedroom 3
3.43 x 2.34m
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