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1 Rooms 7 beds 7 bath

£ 550,000.00

7 bed terraced house for sale Sold/Delisted

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

More information

Council tax band: C
Auction: No
Market Status: Sold/Delisted
Schools: ************
Transport: ************
HMO Status: Existing HMO
NEAR UNIVERSITY: YES (Dist: 0.75 miles)
NEAR TRAIN STATION: YES (Dist: 0.90 miles)
NEAR BUS STATION: YES (Dist: 0.50 miles)
NEAR HOSPITAL: NO (Dist: 1.50 miles)
About this property
This recently renovated, high-yield HMO investment offers a fantastic opportunity for seasoned investors. The property features seven spacious double ensuite bedrooms, generating an income of £44,165 per annum, equating to £121 per person per week (excluding bills). It is a freehold property with secure rental income until June 2025 and is fully licensed with an Article 4 Certificate of Lawful Use. The property has low operating costs due to recent renovations, ensuring minimal maintenance and consistent occupancy. It is under management until June 2026, providing a hands-off investment. The prime location is well-positioned for future capital appreciation, with strong demand from students and young professionals. Multiple supermarkets, gyms, parks, and shopping centres are within 1.0 mile, and it is located just 0.75 miles from the university, 0.90 miles from the train station, and 0.50 miles from the bus station.

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Agent Name: xxxx
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