5 Bed HMO, Worcester, WR3 8NT, £220,000

22 Mayfield Road, Worcestershire, WR3 8NT - 3 views - a year ago

Sold STC
HMO
ROI: 2%
~177

ValuationUndervalued











Cashflows























Property History

Listed for £220,000

May 1, 2024

Sold for £120,000

2002

Floor Plans

Description

  • Excellent HMO investment opportunity. +
  • Five bedroom terrace over four floors. +
  • Two reception rooms. +
  • Kitchen, lobby, shower room and WC. +
  • Family bathroom. +
  • Large rear gardens. +
  • Close to city centre. +
  • New 5 year licence. +
  • Walking distance of local shops. +
  • Good access to M5 motorway. +

Providing a great Investment opportunity this five bedroom mid terrace property is laid out over four floors and benefits from a new 5 year licence.
The spacious well planned accommodation is accessed via a front door into entrance hall with doors off to Bedroom One and Bedroom Two with balcony. Stairs off to both first floor and lower ground floor. On the Lower ground floor there is a sitting room, dining room, fitted kitchen, rear lobby leading to a shower room and seperate WC. On the first floor, bedroom three being a double with en-suite and bedroom four also a double. Stairs lead off the landing to a further double bedroom Five.
Outside a small fore garden. The rear gardens are of very generous size being fully enclosed.
The property currently has four rooms occupied producing £1,675.00 pcm. The vacant room is expected to rent out at around £465.00 pcm.
Close to Worcester City centre, walking distance of local shops and schools. Good access to most parts of the country via Junction 6 of the M5 Motorway.

Agent Details

Leaders Sales, Worcester

01905 887216

Next Steps?

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