5 bed property for sale Sold/Delisted

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

More information

Council tax band: B

Auction: No

Market Status: Sold/Delisted

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

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

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.75 miles)

NEAR TRAIN STATION: YES (Dist: 0.80 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: YES (Dist: 0.90 miles)

About this property

An outstanding opportunity to purchase a fully let five-bedroom terraced HMO, generating a gross annual income of £26,760. The property offers an attractive approximate gross yield of 11.6%. The ground floor comprises an entrance hall leading to a spacious communal lounge and kitchen, alongside two double bedrooms, with one benefiting from an en-suite shower room. Upstairs, there are three further double bedrooms served by a shower room. The property is fitted with uPVC double glazing and gas central heating, providing low-maintenance comfort for tenants. Externally, there is an enclosed garden to the rear. Currently fully tenanted on standard periodic tenancy agreements, the HMO produces a reliable rental income. The property is within walking distance of multiple supermarkets, gyms, parks, shopping centres, schools, and is in high demand from professional tenants.