Home and Income Bringing in Meaningful Figures

Submitted on Tue, 07/05/2019 - 19:47

How much income does your house produce you?  Generally the answer to this is zero, but this doesn't have to be the case.  A recent instruction with Commercial and Business Specialists provides the current owners with a good income whilst also providing a roof over their head and the quoting price for this property is certainly manageable for many.  At a quoting price of under £300,000 the property, situated in St Brannocks Road, Ilfracombe offers a four storey Town House with 6 bedrooms, 5 of which are utilised for letting purposes with the owners having an entire floor for their private accommodation.  The premises currently offers short term lodging to clients of the local authority, which provides consistent and profitable income.  If new owners preferred they could offer B&B to the traditional market including holiday makers, passing trade etc.  Furthermore the property can easily be operated by one person so another can be out of work bringing in yet further family income.  The quoting price for the property and business is £295,000.