Vernier Crescent, Milton Keynes, Buckinghamshire

Property overview

• FULLY LISCENCED HMO
• Annexe with kitchen, bedroom/lounge and shower room
• Four bathroom/shower rooms
• Garage
• 6 Bedroom Detached House
• Desirable and highly sought-after location
• Viewing advised

Property description

** INVESTMENT OPPORTUNITY *** SELF CONTAINED ANNEX**

Fantastic six-bedroom, four-bathroom detached home with a balcony, situated within the sought after Medbourne area.

The property boasts an annexe with a fitted kitchen, shower room and an upstairs living room/bedroom.

This impressive property has been remodelled into a fully licenced HMO generating an income of £3,346pcm, 6.42% yield, increasing to £3,736pcm, 7.17% yield, by April 2024.

The accommodation comprises an entrance hall, open plan kitchen/diner with French doors leading to the rear garden, dining room (currently used as a bedroom) and a lounge with box bay window (currently used as a ground floor bedroom with an en-suite shower room). The first-floor features four further bedrooms, two with en-suite shower rooms, a family bathroom and a communal balcony. Outside there is a garage and an enclosed rear garden. Energy rating C. Council tax band G.

Situated to the west of Milton Keynes Grange farm is bordered by Hazely Wood. It is in catchment for Christ the Sower primary school and The Hazely Academy. There is a local parade of shops opposite the primary school where there is a Co-op, hairdressers, coffee shop, cake shop and Indian restaurant. The childrens centre also next to the school host a variety of activities for pre-schoolers and parents.