• Semi-detached HMO investment +
• Current annual income: £26,520 +
• Potential yield of approximately 13% +
• Four en-suite bedrooms currently let +
• Scope for a fifth letting room (subject to licensing) +
• No licence required in current configuration +
• Front and rear gardens +
• No upward chain +

High-Yield Investment Opportunity | Semi-Detached HMO | Four/Five Bedrooms | 13% Potential Yield | No Upward Chain

An excellent investment opportunity to acquire this well-maintained semi-detached HMO property, currently generating an annual income of £26,520 and offering an attractive potential yield of approximately 13%.

The property is presently operated as a four-bedroom HMO, with all let rooms benefitting from en-suite facilities. Importantly, the property does not currently require a local authority licence in its existing configuration. There is, however, clear scope to increase income further by bringing an additional room into use, subject to applying to Ashfield District Council for a licence to rent five rooms.
Accommodation briefly comprises:
To the ground floor, the property offers a welcoming entrance hall leading to a shared kitchen space. Also on this level is Room 1, the largest bedroom within the property, and Room 2, along with a separate shower room. This additional room is not currently let due to licensing restrictions but presents a strong opportunity for future expansion.

To the first floor, there are three further bedrooms (Rooms 3–5), all of which are currently let and each features its own en-suite facility.

Externally, the property benefits from both front and rear garden areas, providing valuable outdoor space for tenants.

The property is offered to the market with no upward chain, making it an ideal turnkey or value-add investment for landlords seeking immediate income with further upside potential.

The property is being sold by modern method auction so call to register your interest.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non- Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.