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5 bed semi-detached house
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Our Summary
- 8% gross yield from day one, with ample scope for uplift through targeted improvements and future expansion
- Crucially, the extensive loft space presents significant potential for an additional bedroom or extended layout, subject to STPP, which would further drive rental revenue and capital value
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Description
The property is a fully licensed five-bedroom HMO on Daisy Bank Road in Victoria Park. It has a current HMO license and a Lawful Development Certificate confirming C4 use. The interior features an entrance hall, two double bedrooms, a lounge, a kitchen/dining area, a utility room, and a modern bathroom with shower over bath on the first floor.
There are three double bedrooms, including one with an ensuite, upstairs. The rear yard is enclosed and provides low-maintenance outdoor space. The extensive loft space offers potential for an additional bedroom or extended layout.