12 bed terraced house

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12 bed terraced house

Ellenborough Crescent, Weston-Super-Mare, North Somerset BS23
£975,000

Our Summary

  • • Rental levels have not increased since opening, even for tenants in residence over a year-offering immediate scope for yield growth

Description

This impressive 12-bedroom property, located in Ellenborough Crescent, Weston-super-Mare, is a rare investment opportunity. The property has been fully renovated and is currently operating as a fully licensed House of Multiple Occupation (HMO), generating a gross rental income of circa £108,353 per annum. The property boasts a range of modern amenities, including Wi-Fi hardware, security systems, and well-maintained front and rear gardens. With a dedicated tenant community and a single-key system for safety, this property offers immediate revenue and excellent tenant retention. The property is fully let and comes with all necessary licenses and certifications, making it a turnkey investment for the incoming owner.