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5 Bed HMO, Bridgwater, TA6 3ER £245,000

Mount Street, Bridgwater, Somerset, TA6 3ER - 8 views - 2 months ago
  1. Deal Search
  2. Bridgwater
  3. TA6
  4. TA6 3ER
HMO
Refurb/BRRR
Outside Article 4
ROI: 4%
~178 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

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Property History

Listed for £245,000

September 26, 2025

Description

  • FIVE ROOM HMO +
  • ALL DOUBLE ROOMS +
  • FULLY FURNISHED +
  • CLOSE TO HPC BUS PICK UP +
  • 100% OCCUPANCY +
  • GARDEN +
  • GAS CENTRAL HEATING +
  • TURN KEY OPPORTUNITY +
  • SCOPE TO INCREASE INCOME +
  • CURRENT GROSS INCOME £35,100 +

TWO FIVE ROOM HMOs We are pleased to offer to the market this retirement sale of TWO near identical HMOs (House of Multiple Occupancy). The purchase would include or fixture, fittings and furniture and has 100% occupancy. The current average rent per room at £135 per week (£35,100 gross annually) reflects the fact that some modernisation and updating is required, but by no means necessary. Similar properties achieve a weekly rent of up to £175 per week (£45,000 gross per annum per property) if brought up to a higher standard. This would inevitably increase the value of the property as well, of course. Each property comprises; FIVE double bedroom spread over three floors, a kitchen, bathroom and second WC. There is also a lean to off the side of the kitchen. The property is fully compliant with HMO standards and have Grade A alarm systems. Viewing by appointment only and at least 24 hours notice needs to be provided to the tenants some of whom work night shift. Price: £245,000 each. EPC Rating: D 55 Council Tac Band: B Gas central Heating

Agent Details

Linda Saunders Estate Agents, Bridgwater

01278 553271

Next Steps?

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

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Investment Opportunity

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