Property Details: - Type: Terraced house - Bedrooms: 4 - Bathrooms: 4
Agent: Belvoir - Wrexham Phone: 01978 255889
INVESTMENT OPPORTUNITY – FULLY OCCUPIED FOUR-BEDROOM HMO<p>Situated on New Road in the popular residential area of Rhosddu, Wrexham, this deceptively spacious four-bedroom HMO occupies a convenient position approximately 15 minutes’ walk from Wrexham town centre, while also benefiting from regular bus services providing access to the town and surrounding areas.</p><p>At the time of writing, the property is fully occupied by four paying tenants, with no rental arrears. The three double bedrooms are currently achieving £650 per calendar month each, with the single bedroom achieving £550 per calendar month. This produces a current gross rental income of £2,500 per calendar month, equating to £30,000 per annum and, based on the current marketing price, an approximate gross yield of 10%.</p><p>Internally, the property is considerably more spacious than might initially be anticipated, offering particularly generous room proportions throughout. A notable feature is the provision of three separate communal areas comprising a lounge, dining room and kitchen. This arrangement provides an excellent level of shared accommodation and is an appealing feature within the HMO market.</p><p>The property is offered for sale fully furnished and comprises three generously proportioned double bedrooms and one genuine single bedroom. All four bedrooms benefit from their own shower en-suite facilities, providing tenants with a high degree of privacy and convenience.</p><p>Externally, the property benefits from an extended, enclosed and low-maintenance rear garden, providing useful outdoor amenity space for the occupants.</p><p>This represents an established HMO investment with four tenants currently in occupation, an existing rental income stream and well-proportioned accommodation throughout.</p><p><strong>Viewing is strictly by prior appointment.</strong></p> EPC rating: D. Tenure: Freehold,
