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Prescott Street, Halifax HX1 10 bed house of multiple occupation for sale
Prescott Street, Halifax HX1
£335,000
Prescott Street, Halifax HX1
£335,000
Our Summary
- An outstanding investment opportunity offering twelve fully let rooms in a fully licensed House in Multiple Occupation (HMO), generating a remarkable £75,660 per annum and delivering an impressive 24
- This is a rare chance to acquire a turnkey, high-return HMO asset with scope for continued strong performance in a thriving rental market
Description
This is a rare investment opportunity to acquire a fully licensed and income-producing 12-room House in Multiple Occupation (HMO) in Halifax, generating a remarkable 24.02% gross yield. The property is well-maintained and has a strong occupancy track record, with 12 individual rooms, three shared kitchens, and three communal bathrooms. The HMO is licensed for up to 15 occupants and has a consistent rental income. The property benefits from individual electric metering, making it easy to manage, and is located in a high-demand rental area close to the town centre, amenities, and transport links. This is a turnkey investment ideal for portfolio landlords, offering a high-yielding, low-maintenance opportunity with scope for continued strong performance in a thriving rental market.