6 bedroom house of multiple occupation for sale

>

6 bedroom house of multiple occupation for sale

St James Road, Halifax, HX1 1YS
£320,000

Our Summary

  • Set over three floors, the property comprises a spacious entrance hallway, shared kitchen/dining area, and six ensuite double bedrooms, offering an immediate high-return investment opportunity
  • Combined with positive population growth, rising employment, and an affordable property market compared to nearby cities, these factors support strong yields and potential capital growth

Description

This 6-bedroom HMO in Halifax has been recently refurbished to a high standard and is generating a gross income of £43,800 per annum, equating to an 8% net yield with full management in place. The property is set over three floors and features a spacious entrance hallway, shared kitchen/dining area, and six ensuite double bedrooms. Located on the edge of Halifax town centre, it offers excellent connectivity to major employment hubs and is close to local bus services and Halifax train station. The property is fully compliant with licensing requirements, providing peace of mind for investors. Halifax is undergoing regeneration projects and has positive population growth, rising employment, and an affordable property market, making it an ideal time to invest. With a net income of £28,140 and a gross yield of 13.69%, this HMO offers an immediate income stream and strong prospects for future appreciation.