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Kings Road, Alton, Hampshire, GU34 16 bed detached house for sale
Kings Road, Alton, Hampshire, GU34
£1,200,000
Kings Road, Alton, Hampshire, GU34
£1,200,000
Our Summary
- AUCTION GUIDE PRICE - £1,200,000A fantastic opportunity to acquire a fully licensed HMO property in a highly sought after location in one of Alton’s finest roads
- Currently generating approximately £135,000 gross per annum (with the significant possibility for improvement) Facilities include:16 bedrooms15 bathroomsEPC Rating - 'B'Valid HMO Licence Total Approx Annual Gross Income: £135,000Total Approx Annual Running Costs: £17,000Air source heat pumpLarge gardens and heated swimming poolCommunal living room with wood burner, 2 kitchens, sun terrace, conservatory, entrance hall
- Auction date - 21st July 2025
Description
This property is a fantastic opportunity to acquire a fully licensed HMO (House of Multiple Occupancy) in a highly sought-after location in Alton. Currently generating a gross annual income of approximately £135,000, with potential for improvement, this property boasts 16 bedrooms, 15 bathrooms, and an EPC rating of 'B'. The property features a range of facilities, including a communal living room with wood burner, two kitchens, a sun terrace, conservatory, and entrance hall. Additionally, the property has a large garden, heated swimming pool, and an air source heat pump. With a valid HMO licence and annual running costs of £17,000, this property offers a unique investment opportunity in a desirable location.