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Parkway Road, Dudley, DY1 2QA 6 bed semi
Parkway Road, Dudley, DY1 2QA
£320,000
Parkway Road, Dudley, DY1 2QA
£320,000
Our Summary
- This exceptional 6-bedroom House in Multiple Occupation (HMO) located on the highly sought-after Parkway Road in Dudley presents a prime investment opportunity for anyone looking to secure a profitable property
- With the ongoing rent review, there’s significant potential for future appreciation and increased cash flow, making this an even more lucrative prospect
Description
This 6-bedroom House in Multiple Occupation (HMO) on Parkway Road in Dudley is a prime investment opportunity, offering a spacious layout with generously sized rooms designed for comfort and functionality. Currently rented out to social housing, the property generates an annual rental income of approximately £18,000, with a rent review in progress that could increase future earnings. Located in a highly sought-after area with easy access to local amenities, public transport, and major road links, the property benefits from high tenant demand and a reliable tenant base, minimizing vacancy periods and management hassle. With the potential for future appreciation and increased cash flow, this HMO presents a fantastic opportunity for investors to secure a steady, long-term income in a thriving area.