3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Alma Road, PETERBOROUGH, Cambridgeshire, PE1
£180,000

Our Summary

  • ATTENTION INVESTORS – FULLY LICENSED 3-BED HMO – OVER 12% YIELDLocated on the sought-after Alma Road, this fully HMO-compliant and licensed three-bedroom property offers an outstanding investment opportunity, currently generating an impressive rental yield of just over 12%
  • With planning permission granted and a strong rental history, it’s a turnkey addition to any portfolio
  • Planning permission granted

Description

This three-bedroom property on Alma Road offers a lucrative investment opportunity with a rental yield of over 12%. Fully licensed and HMO-compliant, the property has been recently renovated and features a modern kitchen and bathroom, new carpets, and fresh décor. The property has a strong rental history and benefits from a well-sized rear garden, making it a desirable option for tenants. With planning permission granted, the property currently generates a monthly income of £1,800, with each room producing £600 PCM. With all compliance in place and strong tenant demand in the area, this is a high-yielding opportunity not to be missed.