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This property was removed from Dealsourcr.

6 Bed HMO, Harrogate, HG1 5HD £375,000

81 Mayfield Grove, Harrogate, North Yorkshire, HG1 5HD - 22 views - a year ago
  1. Deal Search
  2. Harrogate
  3. HG1
  4. HG1 5HD
Sold STC
HMO
Outside Article 4
ROI: 7%
~186 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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  • More Deals in HG1
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Property History

Listed for £375,000

October 9, 2024

Sold for £220,000

2014

Sold for £223,000

2007

Sold for £187,000

2006

Sold for £80,000

2001

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • 9% RENTAL INCOME +
  • 6 BEDROOM HMO +
  • CURRENTLY FULLY LET +

GREAT CENTRAL HARROGATE INVESTMENT OPPORTUNITY
GUIDE PRICE £375,000 - £425,000
LOCAL HARROGATE AGENT CALL FOR A VIEWING 7 DAYS EARLY UNTIL LATE

Excellent Investment Opportunity – This well-managed, profitable 6-bedroom HMO offers investors a rare chance to acquire a high-yield property near Harrogate town centre, potential for an impressive 12% annual return.

This end-of-terrace Victorian house, constructed of traditional stone, is fully let, licensed, and generates a rental income of £37,680 per annum. Double-glazed windows, gas central heating, and a full Grade A LD2 fire detection system ensure the property is modern and safe. The communal spaces include a comfortable living room and a fully fitted kitchen, with three cloakrooms/W.C. and two contemporary shower rooms. Each of the six bedrooms varies in size, offering tenants good value while maintaining high occupancy levels.

The property's smart heating controls and outside communal paved patio area add to its appeal, making it a popular choice for tenants.

Located just a stone’s throw from the heart of Harrogate, this HMO benefits from proximity to the town’s bustling restaurants, bars, shops, and cultural attractions. Excellent road connections via the A1(M) and a mainline train service to London King's Cross in three hours make it an attractive investment in a prime location.

Don’t miss out on this exceptional opportunity—contact us today for further details!
Council tax band: C

Agent Details

Keller Williams Plus, Covering Nationwide

020 3892 9627

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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