- Investment opportunity
- 6 Bedroom HMO
- Newly fitted kichen
- 2 Bathrooms
- Rented until September 2021
- Gross rental income of £23,916 Per annum
- Rental potential of £36.504 Per annum
- Rental yield of 5.4%
- Rental yield potential of 8.3%
- £440,000 Asking price
Investment opportunity - 6 Bedroom HMO freehold - Student rental property
With a newly renovated kitchen this sizeable 6 bedroom house offers lots of space for socialising and relaxing, both inside and out. Located in Moulsecoomb it has terrific transport links to both the city centre and the city’s universities, with local amenities just around the corner. The ground floor has a new, light and airy kitchen/diner at the rear with a small boot room that leads out into the two tiered garden, with a small WC and the first, large double bedroom to the front of the property.
On the first floor are a further three double bedrooms and a sleek, contemporary bathroom. The property continues up to the second floor, into the eaves, where the two remaining bedrooms are located with a shower room in between them.
Currently let to four student tenants on an AST agreement until September 2021, the house presently earns £23,916 Per Annum gross rental. In previous years when the property has been let to groups of six, the gross rental income has been £36,504 per annum.
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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