6 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: NO (Dist: 1.20 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.50 miles)

About this property

Investment Opportunity: Fully Licensed 6-Bed HMO. High Yield of 14.28%. Price: £210,000. Gross Annual Rental Income: £29,991.96. This property offers fully licensed HMO compliance and an established Certificate of Lawful Use (CLU), maximizing the property's value and appeal. Located in a high-demand rental area, this HMO is ideal for tenants seeking well-maintained, shared accommodation, ensuring strong rental income and future growth. Property Layout: Ground Floor: Spacious living room, large modern kitchen with island, Bedroom 1, toilet with separate shower, access to rear garden with large garage. First Floor: Three bedrooms (Bedrooms 2, 3, and 4) and two bathrooms. Second Floor: Two generously-sized bedrooms with abundant natural light. Key Investment Highlights: Fully Let: 6 bedrooms, each rented at £416.66 per month. Total Gross Income: £29,991.96 per year. Yield: 14.28%. Price: £210,000. Amenities: Multiple supermarkets, gyms, parks, shopping centres, and schools within 1.0 mile. Near university (0.75 miles) and bus station (0.50 miles).