About this home
Property Details: • Type: End of Terrace • Tenure: N/A • Floor Area: N/A
Key Features: • Registered HMO • Tenants in situ • Scope to improve and improve rental income • INVESTMENT PROPERTY
Location: • Nearest Station: Wilnecote Station • Distance to Station: 0.9281322259091404 miles
Agent Information: • Address: Covering Nationwide
Full Description: GREAT INVESTMENT OPPORTUNITY – REGISTERED 5-BED HMO WITH STRONG YIELD<br /><br />An excellent opportunity to acquire a fully established and registered five-bedroom House in Multiple Occupation (HMO), offering immediate income and attractive returns. Set over three floors, this well-maintained property is ideally suited to investors seeking a ready-made, income-producing asset.<br /><br />Each of the five letting rooms is currently let at £360 PCM, generating a gross annual income of approximately £21,600. Based on a guide sale price in the region of £205,000, this represents a gross yield of around 10.5%, making it a highly appealing proposition for both new and experienced investors.<br /><br />The accommodation comprises five bedrooms, two shower rooms, two separate WCs, and a spacious dining kitchen, with the added benefit of a rear garden, enhancing tenant appeal and long-term demand.<br /><br />Already operating as a compliant HMO, the property offers a turn-key investment opportunity with proven rental demand and no setup delay. Early viewing is strongly recommended to fully appreciate the return on offer.
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