7 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- Hmo great investment opportunity
- Seven double bedrooms
- Two bathrooms
- Spacious kitchen & utility room
- Lounge area
- High yield
- Potential to extend
- Freehold / tax band
- Great residential location
GREAT INVESTMENT PROPERTY FOR SALE / SEVEN BEDROOM HMO / HIGH YIELD / SPACIOUS LIVING AREAS / POTENTIAL TO EXTEND / FANTASTIC OPPORTUNITY
GUIDE PRICE £255,000 - £260,000
GREAT INVESTMENT PROPERTY FOR SALE - SEVEN BEDROOM HMO
We are pleased to present this exceptional investment opportunity, a fully converted seven-bedroom HMO, previously two terraced properties. This property offers an impressive return on investment and the potential to further extend (STPP), adding at least one more bedroom. Located in a popular residential area and close to local shops and amenities, this HMO is an ideal choice for investors.
The property boasts seven double bedrooms, each well-lit and comfortable, providing ample living space for tenants. Bedroom 5 has the added benefit of a separate wc and wash basin and bedroom 6 features a shower cubicle and basin, offering additional convenience and privacy for the occupants.
The communal areas are designed to enhance the living experience for all tenants. The lounge is perfect for socialising and relaxation, while the kitchen is well-equipped with ample wall and base units, breakfast bar, large gas range cooker and generous counter space. Additionally, there is a utility room with space for a washer/dryer and two fridges, ensuring all tenants' needs are met efficiently.
The property includes a main bathroom with an electric shower over the bath plus a separate, spacious shower room, both fitted with modern fixtures to cater to all tenants comfortably.
This seven-bedroom HMO is a prime investment opportunity, blending high rental income with potential for further development. The spacious living areas, modern facilities, and excellent location make it an attractive option for tenants, ensuring a consistent and impressive return on investment for you.
This excellent HMO is fully tenanted and is a fantastic opportunity not to be missed.
Gross monthly income: £2,982* ( £35,784Annually )
Approx. Net Yield 10 - 11 %
Internal viewing highly recommended! Call today to arrange a viewing.
* Based on figures provided to us by the current landlords.
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Property reference 33285089. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Eadon Lockwood & Riddle - Wickersley.
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Broadband availability and predicted speed: obtained from Ofcom on December 2, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 2, 2024
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on March 20, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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