6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

Marmion Way, Ashford, Kent, TN23
£380,000

Our Summary

  • 14% Gross Yield | Potential to Increase to 12
  • Excellent Investment Opportunity
  • Potential for 8 bedrooms

Description

This detached HMO (House of Multiple Occupancy) investment property offers a significant gross yield of 9.14%, with potential to increase to 12.14%. Currently fully let, the property generates a net income of £2,519 per calendar month, making it an attractive opportunity for investors. As a freehold property, owners can benefit from long-term security and control over the property. With its potential for increased rental income, this investment has the potential to generate strong returns for its owner.