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6 bed property
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Our Summary
- Full planning was obtained so the HMO has a hmo license for 8 people across 6 rooms
- 11% Gross yield on a recently refurbished property, fully let is a one off investment opportunity
- It is VERY RARE for an investment property built to this standard, which wouldn't need any updating for 15yrs+ comes to the market with such a HIGH YIELD
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Description
The property is a high-standard boutique hotel type finish HMO with 6 rooms, all of which are ensuite, and 2 studios with their own kitchen, while the remaining 4 share a communal kitchen. The rooms are fully furnished with 32" smart TVs and come with built-in mirrored wardrobes and desk with CAT 6 cabling for direct access to fiber broadband. The property has a communal Astro garden and employs HMO specific gas heating and water systems for economic bills and high water pressure.
The floors in the hallways and kitchen are tiled, while the stairs have commercial-grade LVT flooring.