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5 bed detached house
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Our Summary
- OFFERS IN REGION OF £300,000 FULLY LET - ARTICLE 4 with Certificate of lawful development Point Properties Presents a 5 Bed HMO Investment Opportunity in prime student location in an article 4 area
- | Fully Licensed | Established Income | Value-Add Potential A well-established detached 5-bedroom HMO that's been successfully operated for over 10 years, offering immediate income with scope to increase rents and add value for improvement works throughout the property
- 52 Total: Circa £750PCM Why this one stands out: Fully licensed HMO with 10-year track record Strong, consistent rental income from day one Mixed tenant profile (students + professionals) Potential to increase rents with light refurbishment or repositioning This is a solid, income-producing asset with clear opportunities to add value and push returns further
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Description
A detached 5-bedroom HMO property located in a prime student area, within a 10-minute walk to Mount Pleasant. The property has a large double room (£545 PCM), three small double rooms (£505-525 PCM each), and a small double room (£500 PCM). The property is fully licensed and has a Lawful Development Certificate application in progress.
The current income is £2,620 PCM (£31,440 per annum) with running costs of approximately £750 PCM. The property is situated in a 10-minute walk to Mount Pleasant, which makes student demand prime.