Fully Let 6-Bedroom HMO – Turnkey Investment Generating Approx. £38,000 Annual Income
This is a superb opportunity to acquire a fully operational and income-producing six-bedroom House in Multiple Occupation (HMO), generating approximately £38,000 in gross annual rental income. The property is well-presented throughout and requires no immediate works, making it an ideal turnkey investment for both seasoned landlords and those looking to expand their portfolio.
Fully Let HMO: All six bedrooms are currently tenanted, providing reliable and consistent income.
Gross Rental Income: Approximately £38,000 per annum, offering an attractive yield for the area.
Well Maintained: The property is in excellent condition throughout, reflecting responsible ownership and ongoing maintenance. Rooms are clean, bright, and professionally presented, ensuring strong tenant appeal.
Communal Facilities: Includes a fully fitted shared kitchen and a separate laundry room, both well-equipped and maintained to a high standard.
On-Street Parking: Ample unrestricted on-street parking is available, adding convenience for tenants.
Compliance: The property meets current HMO licensing requirements and is compliant with fire safety regulations, including interlinked smoke alarms and appropriate fire doors.
Low Void Risk: Located in a desirable rental area with strong demand from working professionals, ensuring high occupancy and minimal void periods.
Investment Summary:
This is a ready-made investment with an established rental track record, offering immediate income with no setup required. Whether you're a first-time investor or an experienced landlord seeking to add a high-yielding, low-maintenance property to your portfolio, this HMO is a strong contender.
Viewings are available by appointment only.