Hobby Way, Cannock WS11 6 bed house for sale

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Hobby Way, Cannock WS11 6 bed house for sale

Hobby Way, Cannock WS11
£375,000

Our Summary

  • Located in the sought-after WS11 area, this fully licensed 6-bedroom HMO offers an exceptional investment opportunity with reliable, consistent returns

Description

This stylish 6-bedroom HMO in the sought-after WS11 area offers a lucrative investment opportunity with a strong income and high occupancy rate. The property generates a gross rental income of £3,515 per month, resulting in an annual gross rent of £42,180, and a net operating income of £31,910. With two en-suite bathrooms and two shared shower rooms, the property meets modern living standards. Additionally, it boasts a 96.20% occupancy rate and an impressive EPC rating of C, making it an attractive option for tenants and environmentally friendly. As a fully licensed HMO, this property provides a secure and reliable investment opportunity with consistent returns.