HMO INVESTMENT OPPORTUNITY | LET UNTIL SUMMER 2026 | 8% GROSS YIELD | GUIDE PRICE £380,000 - £400,000 |
Taylor Michael are delighted to introduce this well-maintained HMO (House in Multiple Occupation) property offers an outstanding investment opportunity, perfect for investors looking to start or expand their portfolio. Currently let for £2,600 pcm until Summer 2025, with a 12-month let for 25/26 at £2,687 pcm, this property promises long-term rental income and growth potential. With a strong gross yield of 8.5%, this property ensures a stable cash flow, making it an attractive addition to any portfolio.
The property features four generously sized double bedrooms, providing ample space for tenants. The large living room offers a comfortable common area for relaxation and socializing, while the separate kitchen is well-equipped to accommodate multiple tenants. The modern bathroom is designed to support shared living, offering convenience and functionality for all residents.
Perfectly set up as an HMO, this property maximizes rental income potential, catering to professionals or students seeking quality shared accommodation. The location is highly desirable, with excellent transport links and nearby amenities, ensuring high tenant demand and minimal void periods. The property's ability to attract reliable tenants makes it a low-risk investment with a steady income stream.
With a proven track record of consistent rental income and the potential for future rent increases, this HMO property offers excellent value for investors. Whether you're a seasoned investor or new to the market, this property provides a hassle-free, income-generating asset with long-term growth potential. Don't miss the chance to add this high-performance property to your portfolio.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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