Leasehold Information:
Term : 999 years from 18 November 1970
Rent : £3
We are delighted to present this recently renovated HMO property, offering an exceptional investment opportunity with high rental yield potential. This well-maintained property is configured to offer four spacious bedrooms, each with its own private ensuite bathroom, providing modern living for multiple tenants while ensuring privacy and comfort.
Accommodation: The property comprises four generously sized bedrooms, each with its own contemporary ensuite bathroom, featuring stylish fittings and finishes. These ensuites are designed with both functionality and modernity in mind, offering tenants a private and convenient space within their rooms.
The ground floor of the property is dedicated to a communal living room and kitchen, which has been thoughtfully designed to offer a social space for tenants. The kitchen is fully equipped with high-quality appliances, providing ample space for cooking and dining. The living area is spacious and welcoming, creating an ideal environment for tenants to relax and unwind.
Investment Potential: Currently, the property generates £1,600 per month in rental income. However, there is considerable potential to increase this income to £2,000 per month, offering a substantial uplift in rent. At this potential rental income, the property would achieve a yield of 10%, making it a highly attractive option for investors seeking strong returns.
Key Features:
Recently renovated to a high standard throughout
Four bedrooms, each with a private ensuite bathroom
Spacious communal living room and kitchen
Fully fitted, modern kitchen with high-quality appliances
Excellent location with strong rental demand
Current rental income of £1,600 per month, with potential for £2,000 per month
Potential yield of 10% at full rental potential
Viewing Highly Recommended: This HMO property offers a fantastic opportunity for investors looking for a property with high rental potential and a low-maintenance design. With its recent renovation, modern features, and strong income potential, we highly recommend arranging a viewing to fully appreciate what this property has to offer.
Don't miss out on this outstanding investment opportunity—contact us today to arrange your viewing!