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Schofield Road, Loughborough 5 bed terraced house for sale
Schofield Road, Loughborough
£260,000
Schofield Road, Loughborough
£260,000
Our Summary
- Fantastic Investment Opportunity – Class C4 HMO This well-presented mid-terrace property offers an excellent opportunity for investors, complete with a Class C4 HMO licence
Description
This fantastic investment opportunity is a well-presented mid-terrace property with a Class C4 HMO licence, offering five spacious bedrooms that are currently let on annual tenancies, generating a monthly rental income of £1,636 (excluding bills). The property features UPVC double glazing, gas central heating, two bathrooms/shower rooms, a fitted kitchen, and a useful store room. The conservatory provides additional living space, and the rear garden is perfect for outdoor relaxation. With off-road parking to the front, this property delivers an impressive yield of 8.5% (excluding bills). Currently, tenants are in situ, and a HMO check has been carried out, although this should be verified by a legal advisor.