Property description
JP0927 - Investment Opportunity – 5/6 Bedroom House Share
Rental Yield: 9.24%
Current rent per room: £575 x3, £600 x2 PCMThis recently refurbished and fully licensed 5-bedroom house share is a fantastic investment opportunity, the property has just been converted into a 6-bedroom house share and is pending new license, offering even greater rental potential. Set in a prime location and ready for tenants, this property presents a projected rental yield of 9.1%, making it an attractive addition to any investor's portfolio.
Current Layout: 6 Bedroom, 4 Double Bedrooms, 2 Single, fully furnished bedrooms (with beds, wardrobes, and chest of drawers included), offering tenants comfortable and private living spaces.
Future Potential: The property has been converted into a 6-bedroom house share and is pending planning and licensing to match.
Rental Income: Three Rooms are rented at £575 and Two at £600 per calendar month, generating a current total rental income of £2,925 PCM or £35,100 annually.
Yield: At a sale price of £380,000, this results in a rental yield of 9.24%, with potential for increased returns following the planning.
Modern Amenities and High-Quality Finish:
Two Bathrooms: A 5-piece bathroom suite featuring a corner bath, standalone shower cubicle, toilet, bidet, and basin.
A convenient wet room with a shower and toilet, ideal for shared living.
Fully Equipped Kitchen: Recently refurbished with modern appliances and ample storage, making it a desirable feature for tenants.
New Carpets & Décor: The entire property has been recently redecorated, with new carpets throughout to enhance the contemporary, fresh feel.
Additional Spaces: Spacious porch, perfect for added convenience.
Garage for storage or potential to convert into additional living space.
Enclosed rear garden, offering a private outdoor space for tenants to enjoy.
This property is perfectly suited for young professionals, students, or those looking for a convenient and modern shared living space, with excellent transport links and amenities nearby. It also provides a fantastic opportunity for investors seeking high rental yields and future capital growth.Living Room: 3.47m x 5.58m (11'4" x 18'3")
Porch: 1.98m x 1.16m (6'6" x 3'8")
Kitchen: 4.08m x 5.13m (13'5" x 16'10")
Bathroom: 2.96m x 2.62m (9'8" x 8'7")
Shower Room: 2.39m x 0.8m (7'10" x 2'7")
Room 1: 2.77m x 3.42m (9'1" x 11'2")
Room 2: 2.64m x 2.48m (8'8" x 8'1")
Room 3: 4.11m x 2.48m (13'6" x 8'1")
Room 4: 3.64m x 2.49m (11'11" x 8'2")
Room 5: 5.54m x 2.71m (18'2" x 8'10")
Room 6: 4.52m x 3.59m (14'10" x 11'9")Don’t miss out on this high-demand property – schedule a viewing today!Freehold
EPC - C
Council Tax Band - C
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