30 bed terraced house for sale Sold/Delisted

Address: ************

More information

Council tax band: A

Auction: No

Market Status: Sold/Delisted

Schools: ************

Transport: ************

HMO Status: Existing HMO

NEAR UNIVERSITY: YES (Dist: 0.50 miles)

NEAR TRAIN STATION: YES (Dist: 0.80 miles)

NEAR BUS STATION: YES (Dist: 0.30 miles)

NEAR HOSPITAL: NO (Dist: 1.50 miles)

About this property

This recently refurbished HMO comprises 30 rooms, 39 WCs/bathrooms, 3 communal areas, and 3 kitchens. The property is within close proximity to a university, with a 5-minute commute, and benefits from multiple bus routes and transport links, making it a prime rental location. An HMO approved license is in place, along with planning permission to convert it into a residential home. All rooms are currently let for £375 PCM, providing a net annual income of £95,580, which equates to a return of 8.5% at the asking price. The property is surrounded by multiple supermarkets, gyms, parks, shopping centres, and schools within 1.0 mile.