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Oldbury Road, Worcester... Property for sale
Oldbury Road, Worcester, Worcestershire, WR2 6AR
£1,850,000
Oldbury Road, Worcester, Worcestershire, WR2 6AR
£1,850,000
Our Summary
- * We are pleased to offer to auction this large private portfolio of eight, individual Licensed HMO (House in Multiple Occupation) properties located with in the high-demand, sought-after student area of St Johns WR2
- With tenants lined up for the next academical year, the property offers a turn key investment for any potential investor and will see the income rise to £179,850pa/£16,350pcm Please note we have not inspected this property
Description
This large portfolio of eight Licensed HMO properties is being sold via online bidding, with terms and conditions applying. The properties are located in the high-demand student area of St Johns WR2, each with its own separate 5-year HMO license. The portfolio is fully tenanted, generating an annual income of £173,855, which is set to rise to £179,850 for the next academic year. With tenants already lined up, this turnkey investment offers a lucrative opportunity for potential buyers, providing a steady stream of income with minimal hassle.