Ivatt, Tamworth, B77

GBP 190,000
For Sale

Property Details

Bedrooms

5

Bathrooms

2

Property Type

End of Terrace

Description

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.

Location

Address

Ivatt, Tamworth, B77

City

Tamworth

Features and Finishes

Registered HMO, Tenants in situ, Scope to improve and improve rental income, INVESTMENT PROPERTY

Legal Notice

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