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7 bedroom house of multiple occupation for sale
Fairfield Road, Buxton, Derbyshire
£360,000
Fairfield Road, Buxton, Derbyshire
£360,000
Our Summary
- Property Overview Address: 85 Fairfield Road, Buxton, SK17 7HA Property Type: High-Yield Quality HMO Size: 7 Bedrooms, All Ensuite Renovation: Completed in 2016 Current Tenants: Working Professionals Investment Highlights Nestled in the picturesque town of Buxton, 85 Fairfield Road offers an exceptional investment opportunity with a fully tenanted, high-quality HMO
- Buxton's ongoing developments, such as the Buxton Crescent & Thermal Spa project, further enhance the area's potential for property value appreciation
- This 7-bedroom HMO, renovated in 2016, offers both immediate rental income and the potential for long-term growth, making it an excellent choice for investors looking for stable returns in a thriving market
- 00%, suggesting it could be a valuable investment opportunity
Description
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Here is a summary of the property description in a single paragraph without a list:
This high-yield quality HMO property at 85 Fairfield Road, Buxton, offers a reliable rental income stream with 7 bedrooms, each with an ensuite bathroom. The property was renovated in 2016 and is fully tenanted by working professionals. With a prime location close to major amenities and transport links, including the Buxton railway station, this property is strategically positioned to capitalize on the town's ongoing developments and economic growth. The property demonstrates strong financial performance with a total monthly income of £4,165 and a net annual income of £37,013, resulting in a gross yield of 13.88% and a net yield of 10.28%. This property is an excellent choice for investors looking for stable returns in a thriving market.