Terraced house for sale Sold/Delisted

About this property

For sale by auction on 26th February 2025. A high yielding investment property arranged as a 6 bedroom HMO. This Victorian mid-terrace property retains many original features and benefits from double glazing and gas central heating throughout. When fully let, the property is likely to rent for circa £49,000 per annum (including bills), representing a gross annual yield of 16%. Currently, one room is vacant, with the current income at approximately £40,500 per annum. The property features a living room, kitchen with fitted units, utility area, and six bedrooms, with a shower room and additional communal areas. There is potential to increase rental income with further modernization. Local amenities include multiple supermarkets within 1.0 mile and a bus station 0.50 miles away.