Point Properties Presents a 5Bed HMO Investment Opportunity in prime student location in an article 4 area
| Fully Licensed | Established Income | Value-Add Potential
A well-established detached 5-bedroom HMO that's been successfully operated for over 10 years, offering immediate income with scope to increase rents and add value for improvement works throughout the property.
The property is fully licensed and currently has a Lawful Development Certificate application in progress, giving additional reassurance for continued HMO use.
Previously let as a student property, the house is now occupied by a mix of professionals and students, widening the tenant pool and reducing seasonal void risk. It is within a 10 minute walk to Mount Pleasant which makes student demand prime and we would expect a high standard 5 bed in this area to generate £160pppw.
Current Income:
Total rent: £2,620 PCM (£31,440 per annum)
Based on an asking price of £300,000 = approx. 10.5% gross yield
Room Breakdown:
Room 1 (Large Double): £545 PCM
Room 2 (Large Double): £500 PCM
Room 3 (Large Double): £545 PCM
Room 4 (Small Double): £505 PCM
Room 5 (Small Double): £525 PCM
Running Costs:
Gas & Electric: £210 PCM
Water: £111 PCM
Internet: £34 PCM
Council Tax: £141 PCM
Management at 8% + VAT: £251.52
Total: Circa £750PCM
Why this one stands out:
Fully licensed HMO with 10-year track record
Strong, consistent rental income from day one
Mixed tenant profile (students + professionals)
Potential to increase rents with light refurbishment or repositioning
This is a solid, income-producing asset with clear opportunities to add value and push returns further.
Viewings recommended.
Council Tax Band: A
Tenure: Freehold