Tagwell Road, Droitwich WR9 6 bed house of multiple occupation for sale

>

Tagwell Road, Droitwich WR9 6 bed house of multiple occupation for sale

Tagwell Road, Droitwich, WR9
£650,000

Our Summary

  • Bringing in just over £40,000 per annum, this well-presented 6-bedroom licensed HMO offers a fantastic, ready-made investment opportunity in the ever-popular location of Tagwell Road, Droitwich

Description

This charming 6-bedroom licensed HMO in Droitwich is a fantastic investment opportunity, generating just over £40,000 per annum. Converted from a former hotel, the property has been thoughtfully adapted to meet the needs of professional tenants, resulting in a consistent top performer in the local rental market. The property is fully tenanted with six long-standing occupants, providing stable and immediate income with minimal risk. The property features a spacious communal kitchen/diner, three double bedrooms with private en-suites, and three additional en-suite double bedrooms on the second floor. With a communal entrance and access, and a setting on the highly regarded Tagwell Road, the property offers long-term capital appeal and tenant desirability. The property is being sold as leasehold with a 999-year lease and a 1/6th share of the freehold, providing investors with long-term security and control over the building.