Property Overview
We are delighted to present this newly refurbished four-bedroom HMO investment property located in the sought-after area of Wakefield. Situated outside of the new Article 4 direction zone, this property provides excellent flexibility for investors looking to maximise their returns in the growing HMO market.
Address: 59 Henry Street, Wakefield, WF2 9NY
Tenure: Freehold
Sale Price: £200,000
Expected Gross Income: £2,100 pcm / £25,200 pa
Yield: 12.6% gross yield
Accommodation
This modern HMO has been thoughtfully converted and refurbished to the highest standard, offering bright, comfortable, and practical living spaces.
Four Double Bedrooms
2 Ensuite Bedrooms (First Floor) - Expected rental £550 pcm each
2 Ground Floor Bedrooms (Sharing one modern bathroom) - Expected rental £500 pcm each
Brand-New Kitchen with ample storage and appliances
3 Bathrooms - modern finishes throughout
Fully Furnished - ready for immediate tenant occupation
Investment Highlights
Immediate Income Potential - Projected gross rental of £2,100 per calendar month
Turnkey Investment - Refurbished, fully furnished, and compliant with HMO standards
Strong Yield - Achieving 12.6% gross return at asking price
Low Barrier to Entry - Only £200,000 for a ready-to-let HMO asset
Outside Article 4 Direction - No restrictions on future HMO use