6 bedroom end of terrace house for sale

>

6 bedroom end of terrace house for sale

Wellingborough NN8
£295,000

Our Summary

  • INVESTMENT OPPORTUNITY Fully licensed six bedroom HMO situated in Wellingborough, just 10 minutes' walk to the train station
  • With such a robust financial performance, this asset stands as a testament to its enduring value and potential for lucrative returns
  • Given you are also on a corner plot you also have an opportunity to covert this property into multiple flats subject to planning approval

Description

This six-bedroom HMO property in Wellingborough is an investment opportunity that offers convenience and accessibility for professional tenants. The property features a well-appointed kitchen, communal WC, and a low-maintenance rear garden, with six bedrooms spread across three floors, including a loft conversion. The property has been managed by a dedicated lettings team since 2021 and has enjoyed uninterrupted occupancy, with zero void periods, generating an impressive annual income of £28,800 and a substantial return on investment of 10%. Additionally, the property's corner plot location provides an opportunity to convert it into multiple flats, subject to planning approval, making it an attractive and lucrative investment opportunity.
Finance This Property