Catherine Street, Elland HX5 3 bed house of multiple occupation for sale

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Catherine Street, Elland HX5 3 bed house of multiple occupation for sale

Catherine Street, Elland HX5
£160,000

Our Summary

  • Previously operated as a 4-bedroom HMO, this property offers excellent potential to increase income by reinstating the fourth bedroom (subject to necessary consents)
  • Potential to reconfigure as a 4-bed HMO
  • Ideal for investors seeking a turnkey property with strong returns and future value uplift

Description

This well-maintained 3-bedroom mid-terrace property is currently tenanted and generating a strong 6.83% yield, with a rental income of £9,568 per annum. The property has previously been operated as a 4-bedroom HMO, and with the necessary consents, it offers excellent potential to increase income by reinstating the fourth bedroom. The property features modern kitchen and bathroom facilities, gas central heating, and double glazing, making it a low-maintenance investment opportunity. Located in a convenient area with strong rental demand, this property is ideal for investors seeking a turnkey property with strong returns and future value uplift.