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16 bed property
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Our Summary
- A substantial freehold HMO investment opportunity, centrally located and offering exceptional flexibility, diverse income and long-term redevelopment potential
- The freehold nature of the asset, combined with its layout and location, offers significant long-term flexibility, with potential for conversion to alternative residential or commercial uses, or specialist accommodation such as care facilities, subject to the necessary consents
- This is a rare opportunity to acquire a compliant, mixed-use freehold investment with immediate options, diversified income, and clear scope for future enhancement or redevelopment
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Description
The property is a substantial freehold HMO in a central town location, offering 16 HMO rooms arranged across four self-contained residential units. Each unit has four lettable rooms with shared kitchen and bathroom facilities. The property is fully licensed and compliant with fire alarm systems and regulations, allowing for continued HMO operation or alternative use.
Four of the rooms have been recently renovated, and eight have been recently redecorated, providing a balance between immediate lettability and future value-add potential. A separate commercial unit, currently let to a beauty parlour, has a long-standing tenant and just under three years remaining on the lease. The property has a C EPC rating and excellent access to local and far-reaching transport links, supporting consistent rental demand.