A Five Bedroom HMO Investment offering a gross yield of 9.5%, or yield net of bills (internet and cleaning) of just under 8.5%, based on the asking price of £485,000
This typical 1930s Three Bedroom semi-detached home has been extended to provide a lovely Kitchen/Diner Living Room to the rear with bi-fold doors onto the garden, as well as adding an extra room on the ground floor (currently a Bedroom in the HMO setup, but could make a great Study if purchased for a Family Home), and there is a ground floor Shower Room.
The front door opens into an Entrance Hall with stairs leading up to the first floor. As a 1930's semi-detached home, there is the typical front room with Bay Window, a lovely Living Room but in this case currently one of five Bedrooms in this HMO set-up. There is a further ground floor Bedroom off the Hallway, which could make a perfect Study if this property were desired as a Family Home. The hallway continues, with a cupboard as well as a ground floor Shower Room and WC. The property has been extended, with a lovely, bright Kitchen/Diner and Living Room that opens through bifold doors onto the garden.
On the first floor, the property retains its original design with three Bedrooms and a Family Bathroom.
Outside the property there is a driveway to the front laid to brick paving, side access linking to the rear, with garden having patio, lawn and being enclosed by fencing.