11 bed property for sale For sale

About this property

An excellent mixed-use investment opportunity offering a high-yield, low-risk asset that has been comprehensively refurbished in 2023. This freehold property comprises an 11-bedroom HMO arranged as six self-contained studios with kitchenettes and five additional studio rooms, with 10 en-suites and one off-suite facility. The building includes three commercial retail units, providing a diversified income stream. Currently operated by a managing agent, this investment option is hands-off. The property produces a gross annual income of £79,200, offering an impressive gross yield of approximately 12.1%. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile.