5 bed property for sale For sale

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

More information

Council tax band: C

Auction: No

Market Status: For sale

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

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

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.75 miles)

NEAR TRAIN STATION: NO (Dist: 1.50 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.20 miles)

About this property

Investment Opportunity: This fully refurbished 5-bedroom House in Multiple Occupation (HMO) is an excellent investment opportunity, currently let for the 2024/2025 academic year. With modern amenities and a strong demand for student accommodation, this property promises attractive rental returns. Key Details: Gross Rental Income: £22,800 per annum, Gross Yield: 10.86%, Tenancy Duration: 48 weeks. C4 HMO Status: Documented historic use with Article 4 Consent granted. Property Layout: Ground Floor: Bedroom 1, Bedroom 2, Lounge, Kitchen; First Floor: Bedroom 3, First Bathroom (shower), Second Bathroom, Bedroom 4, Bedroom 5. Recently refurbished in Summer 2022, this property combines comfort with contemporary living. The layout is ideal for student tenants, ensuring consistent demand and reliable rental income. This property not only offers a strong yield but also stands out due to its modern upgrades and established HMO status. Contact us today for further details or to arrange a viewing.