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5 bedroom end of terrace house for sale
Ivatt, Tamworth, B77
£200,000
Ivatt, Tamworth, B77
£200,000
Our Summary
- GREAT INVESTMENT OPPORTUNITY – REGISTERED 5-BED HMO WITH STRONG YIELDAn excellent opportunity to acquire a fully established and registered five-bedroom House in Multiple Occupation (HMO), offering immediate income and attractive returns
- Already operating as a compliant HMO, the property offers a turn-key investment opportunity with proven rental demand and no setup delay
- Scope to improve and improve rental income
Description
This is a fantastic investment opportunity to acquire a fully established and registered five-bedroom House in Multiple Occupation (HMO) that generates immediate income and attractive returns. The property is set over three floors and is currently let to five tenants at £360 PCM each, producing a gross annual income of approximately £21,600. With a guide sale price of around £205,000, this represents a gross yield of around 10.5%, making it an appealing proposition for both new and experienced investors. The property has a spacious dining kitchen, two shower rooms, and a rear garden, and is already operating as a compliant HMO with proven rental demand, offering a turn-key investment opportunity with no setup delay. Early viewing is recommended to fully appreciate the return on offer.