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6 bed terraced house
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Our Summary
- Offers Over £300,000 - Fully Let Investment Opportunity Generating £36,000 Per Annum An exceptional opportunity to acquire this fully refurbished, high-specification 6-bedroom HMO, offering an immediate income of £36,000 per annum and an attractive 12% gross yield at the asking price
- Early viewing is highly recommended to fully appreciate the quality of accommodation on offer and the investment potential of this outstanding property
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Description
This property is a fully refurbished 6-bedroom HMO located in a convenient area with excellent transport links. The accommodation features 6 fully furnished double bedrooms, 4 of which have en-suite bathrooms, and 2 with access to a contemporary communal bathroom. The property also includes a modern kitchen with integrated appliances, a stylish communal living and dining area, and high-quality fixtures and fittings throughout.
The current rental breakdown yields a combined income of £3,000 per month (£36,000 per year) from a 2 x £450 PCM double bedroom, 2 x £500 PCM en-suite bedrooms, and 2 x £550 PCM en-suite bedrooms. The property is freehold and falls into Council Tax Band A.