7 Bed HMO, Worcester, WR2 5PD, £430,000

Henwick Road, Worcester, WR2 5PD - 3 views - 2 months ago

Sold STC
HMO
ROI: 6%
~217 m²
+3 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£107,500

Stamp Duty & Legal Fees

£23,100

Total Cash In

£130,600

 

 

Cash Out

 

Room Rate

£511

Gross Rent

£3,580

Running Costs/mo

£2,881

Cashflow/mo

£699

Cashflow/yr

£8,388

ROI

6%

Gross Yield

10%













Property History

Listed for £430,000

February 10, 2025

Description

  • 7 bedroom student investment property let for 2025/2026 +
  • Great location-Within a few minutes walk of the University campus +
  • Two shower rooms and a further bathroom +
  • Currently receiving £42,960 per annum over 11 months. +
  • Double driveway providing tandem off road parking for 6 standard vehicles +

A great opportunity to purchase this HMO student investment property situated within a 8 minute walk to the University. The property is set over 4 floors and boasts generous room sizes. The communal are comprises of a fully fitted kitchen with numerous additional appliances, and a lounge area. The bedrooms are all dressed with matching bedroom furniture. A great letting point for students is also that off road parking available to the rear of the garden, with the property having tenants secured for 2025/2026 academic year.

EPC Rating: D

Agent Details

Nested, Nationwide

020 3838 0693

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.