Hobby Way, Cannock WS11 6 bed detached house for sale

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Hobby Way, Cannock WS11 6 bed detached house for sale

Hobby Way, Cannock
£395,000

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 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, translating to an annual gross rent of £42,180, with a net operating income of £31,910. The property boasts modern amenities, including two en-suites and two shared shower rooms, each with dual washbasins and storage. With an impressive 96.20% occupancy rate and an EPC rating of C (potential B), this fully licensed HMO is an attractive option for tenants and provides a secure, long-term investment opportunity.