6 Bed HMO, Worcester, WR2 5DR, £375,000

Blakefield Road, Worcester, WR2 5DR - 6 views - 2 months ago

HMO
ROI: 8%
~186 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£3,330

Running Costs/mo

£2,552

Cashflow/mo

£778

Cashflow/yr

£9,336

ROI

8%

Gross Yield

11%













Property History

Listed for £375,000

February 4, 2025

Floor Plans

Description

  • Fully adheres to HMO guidelines and regulations. +
  • Established HMO with years of success. +
  • A step above a standard HMO. +
  • Short distance to amenities. +
  • Equipped with modern facilities. +
  • Available with no chain. +

This highly successful student property is now available on the market, boasting an impressive 9% yield with tenants secured for the remainder of the academic year. The house features six fully occupied bedrooms, two bathrooms, a cloakroom, and an open-plan kitchen/living area perfect for communal living, all leading out to a rear garden.

This exclusive HMO is equipped with new full-fiber Wi-Fi, ensuring students stay connected. Additional amenities include a dishwasher, washing machine, heat pump tumble dryer, and flat-screen TVs. The property is furnished with stylish white IKEA furniture and double beds throughout. On-street parking and double glazing enhance the appeal, making this an excellent investment opportunity for those looking to enter the student rental market.

EPC Rating: C

Agent Details

Move Sales & Lettings, Worcester

01905 975077

Next Steps?

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

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