Offers Over £300,000 – Fully Let Investment Opportunity Generating £36,000 Per Annum
An exceptional opportunity to acquire this fully refurbished, high-specification 6-bedroom HMO, offering an immediate income of £36,000 per annum and an attractive 12% gross yield at the asking price.
Having undergone a comprehensive refurbishment just over a year ago, the property has been finished to an excellent standard throughout and is fully occupied, making it an ideal turnkey investment for landlords looking to expand their portfolio.
The accommodation briefly comprises:
6 fully furnished double bedrooms
4 spacious en-suite bedrooms
2 further double bedrooms served by a contemporary communal bathroom
Modern fitted kitchen with ample storage and integrated appliances
Stylish communal living and dining area
High-quality fixtures, fittings and furnishings throughout
Excellent transport links and convenient access to local amenities
The current rental breakdown is as follows:
2 x Double Bedrooms – £450 PCM
2 x Smaller En-Suite Bedrooms – £500 PCM
2 x Larger En-Suite Bedrooms – £550 PCM
Producing a combined rental income of £3,000 PCM (£36,000 per annum), this property presents an excellent opportunity for investors seeking a ready-made asset with proven income from day one.
Early viewing is highly recommended to fully appreciate the quality of accommodation on offer and the investment potential of this outstanding property.
Council Tax Band: A
Tenure: Freehold
Garden details: Communal Garden
Reference: RS0129