GREAT INVESTMENT PROPERTY FOR SALE / SEVEN BEDROOM HMO / HIGH YIELD / SPACIOUS LIVING AREAS / POTENTIAL TO EXTEND / FANTASTIC OPPORTUNITY
GUIDE PRICE £255,000 - £260,000
GREAT INVESTMENT PROPERTY FOR SALE - SEVEN BEDROOM HMO
We are pleased to present this exceptional investment opportunity, a fully converted seven-bedroom HMO, previously two terraced properties. This property offers an impressive return on investment and the potential to further extend (STPP), adding at least one more bedroom. Located in a popular residential area and close to local shops and amenities, this HMO is an ideal choice for investors.
The property boasts seven double bedrooms, each well-lit and comfortable, providing ample living space for tenants. Bedroom 5 has the added benefit of a separate wc and wash basin and bedroom 6 features a shower cubicle and basin, offering additional convenience and privacy for the occupants.
The communal areas are designed to enhance the living experience for all tenants. The lounge is perfect for socialising and relaxation, while the kitchen is well-equipped with ample wall and base units, breakfast bar, large gas range cooker and generous counter space. Additionally, there is a utility room with space for a washer/dryer and two fridges, ensuring all tenants' needs are met efficiently.
The property includes a main bathroom with an electric shower over the bath plus a separate, spacious shower room, both fitted with modern fixtures to cater to all tenants comfortably.
This seven-bedroom HMO is a prime investment opportunity, blending high rental income with potential for further development. The spacious living areas, modern facilities, and excellent location make it an attractive option for tenants, ensuring a consistent and impressive return on investment for you.
This excellent HMO is fully tenanted and is a fantastic opportunity not to be missed.
Gross monthly income: £2,982* ( £35,784Annually )
Approx. Net Yield 10 - 11 %
Internal viewing highly recommended! Call today to arrange a viewing.
* Based on figures provided to us by the current landlords.
Agent Details
Eadon Lockwood & Riddle, Rotherham
01709 288878
Next Steps?
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