This substantial detached home has been let as a five- bedroom student HMO for a number of years and now being offered to the market either as a going concern or as family home. With no group yet lined up for 2025/26 it offers the perfect chance for it to return to the open market for those interested in a large family home.
As a family home, it could be configured with three bedrooms, and two reception rooms, or four bedrooms, with one reception room. The property has one upstairs bathroom, and separate WC, a conservatory and a large garden.
The spacious kitchen has plenty of cupboard space and a built-in oven and gas hob. All other appliances are free standing. The kitchen is big enough to house a breakfast table.
For investors the property has been let a five-bedroom licensed HMO aimed at students, with the last group paying £2650pcm (approx. gross annual yeild 8%). The HMO licence was renewed in January 2024, and as such the property met all local authority compliance. The property also has a full suite of compliance documentation including EPC and EICR running to 2028.
All the rooms are good sizes, with the current set up offering five double bedrooms.
Fully double glazed and heated by gas the property is close to Charminster high street, offering shops, bus routes, and transport links.
Extra Information:
Council Tax - Band C
EPC - Band C
Stamp duty due
Based on a sale price of £390,000 the total amount of stamp duty payable will be:
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Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.