|Address||3 Mountjoy Terrace, Student Property, Derry|
|Price||Offers over £109,950|
|EPC Rating||F32/D57 (co2: F30/E51)|
STUDENT INVESTMENT PROPERTY
4 Bedroom student property, registered House of Multiple Occupation (HMO).
Fantastic opportunity to purchase a modern student property. Each bedroom is currently rented at £350 per month, potentially generating a total income £1400 per month, on a 10 month contract.
Mountjoy Terrace is in excellent decorative condition having been fully refurbished recently. The owner has kept and highlighted the original features of the house whilst meeting all the requirements for fire safety and the HMO regulations, including fire doors throughout, modern fire alarm system and certified electrical wiring. Double glazed throughout.
The current owner also runs a successful, summer short let business in this property generating a substantial income during July and August.
Situated on the Academy Road, only a five minute walk from Magee University and NWRC. Students living here have always found the location very convenient to the University whilst also benefitting from close proximity to the City Centre and Rosemount.
On the ground floor, from the hallway you can access a ground floor bedroom and the living room. A large kitchen is accessed through the living room.
The first floor contains a spacious bedroom and bathroom
The second floor has two bedrooms.