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6 bedroom semi-detached house for sale
Warren Road, Winchester SO23
£475,000
Warren Road, Winchester SO23
£475,000
Our Summary
- This well-presented 6-bedroom, 4-bathroom HMO property is located in the desirable area of Winnall, Winchester, and offers an excellent investment opportunity with a strong gross rental income of £4,150 per month
- Good sized and well maintained garden in need of minor works
- The property offers the potential for high returns, making it an ideal investment for landlords seeking a ready-made, income-generating asset
Description
This rare investment opportunity presents a fully compliant and licensed 6-bedroom, 4-bathroom HMO property in the desirable area of Winnall, Winchester. The property offers a strong gross rental income of £4,150 per month, generating a gross ROI of 8.74% and a return on cash net of management and interest costs of approximately 14.9%. The property boasts 6 generously sized bedrooms, 3 with en-suite bathrooms, providing privacy and convenience for tenants. The property also features a modern kitchen, dining area, and a sizeable driveway to the front, making it highly desirable to prospective tenants. With high demand for high-quality rental properties in the area, this HMO offers the potential for high returns, making it an ideal investment for landlords seeking a ready-made, income-generating asset.