• Key Facts & Figures Guaranteed Rent - £2400pcm / £28,800pa Guaranteed Gross Annual Yield - 8.23% EPC - C Council Tax Band - B Article 4 Consent in Place - Permitted Development for Attic Conversion +
• Let to Professionals on 12-month Contract Tenants pay Bills - Lower Landlord Overheads High-Spec Renovation throughout +

Mortimer Road, is an exceptional four-bedroom HMO that represents a straightforward, high-yield investment opportunity guaranteeing returns from day one. This property has been recently renovated throughout to a high specification and is currently let to four working professionals on a single 12-month tenancy agreement, producing £2,400 per calendar month in rental income, equating to a compelling minimum yield of 7.68%. Importantly, the tenants pay the bills under their agreement, significantly reducing ongoing costs and management complexity, and preventing your yield being eaten into any further. Internally, the accommodation comprises four double bedrooms, each thoughtfully designed, together with two contemporary bathrooms finished to a stylish standard. The property is furnished to a good quality throughout, meaning it’s truly move-in ready for investors and can continue operating as a successful HMO with minimal effort. A key feature of this investment is the planning article in place which grants consent to expand the property’s HMO potential - most notably by extending into the roof space (subject to the usual consents and building control sign-off). This opens up a clear route to adding future value, increasing rental capacity, maximising returns and return on investment. The seller already had a full marketing package completed for the property when completed, showing off the property in its best possible light. They are happy to share the photos, floorplan and video tour with any future owner to ensure they secure the best possible rental price when re-letting in the future. As a tenancy is already in place in the property, this opportunity is only suitable to investors. Please note, we offer reservation agreements to buyers on every purchase. This enables you as the buyer to purchase the property in a more secure and safe way. Please contact us for more information.