3 bed terraced house for sale For sale

Address: ************

More information

Council tax band: D

Auction: No

Market Status: For sale

Schools: ************

Transport: ************

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.75 miles)

NEAR TRAIN STATION: YES (Dist: 0.90 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.50 miles)

About this property

An excellent opportunity for first-time investors looking to acquire a well-positioned HMO property with immediate rental income. Currently let until June 2027 and achieving £1,575 per calendar month, the property offers a gross yield in excess of 7%. The accommodation comprises an entrance hall leading to a generous lounge, a fitted kitchen, and a modern three-piece bathroom suite. There is a double bedroom on the ground floor, and the first floor includes three bedrooms, two doubles and a single room. Externally, the property benefits from an enclosed rear garden, double glazing, and gas central heating throughout. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile. The property is situated 0.75 miles from a university, 0.90 miles from a train station, and 0.50 miles from a bus station.