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- Calfe Fen Close
- CB7 5GD
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Over 18,800 domestic and foreign buyers from our database want to buy real estate. Post an ad and quickly sell your apartment, house, villa, land... - High demand for VEHICLES
Tenure: Freehold
Including, entrance porch, lounge/dining room, kitchen/breakfast room. Two bedrooms to the first floor, and bathroom. Master bedroom to second floor. Equipped with gas fired radiator heating system (new boiler) and double glazing.
NOTE - The property has been recently approved by Local Authority Building Control as a three bedroom, three storey residence. Although the accommodation would suit a families needs there is a strong potential to add a partition wall to create a fourth bedroom, in effect creating a fourth 'letting' room This may suit a live-in-landlord who can gain useful income (renting a room tax free threshold is currently £7500.00 per annum). As the property has benefitted from recent building control approval very little expense would be required in order to create a 4 room HMO; an emergency lighting and integral fire alarm system, together with a licence, will be required. This method could create a gross annual income of £18,000.00 - 8.5% gross annual return)