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4 bedroom semi-detached house for sale
Chatham Road
£332,500
Chatham Road
£332,500
Our Summary
- This well sized 4 bedroom HMO property is now available as a fantastic pre-set investment opportunity
- In good order throughout with the possibility to further modernise, this is comprised of 4 good sized bedrooms, a large separate lounge and kitchen, additional utility and storage space to the side and an exceptionally large rear garden
- Separate utility room for added space in the kitchen and external storage, with huge potential to convert or extend into the rear garden and increase the property size and yield even further
- Massive Conversion/ Extension Potential
Description
This 4-bedroom HMO property in the popular Chatham Road area is a fantastic investment opportunity, offering a strong rental prospect and potential for further modernization. The property features a large separate lounge and kitchen, additional utility and storage space, and an exceptionally large rear garden, providing plenty of scope for conversion or extension. With a tenancy currently in place for £1,850 per month, the property represents a strong yield of 10.5% + on deposit and income from day one of ownership. Located near the University and Town Centre, with nearby amenities and plenty of on-street parking, this property is an attractive prospect for investors.