Introducing to the market this impressive and fully licensed nine-bedroom HMO offers an opportunity of a remarkable gross annual income of £48,000, delivering a strong yield - a standout opportunity for savvy investors. Spread across three well proportioned levels, with each floor having it's own kitchen and shower room, the property has been cleverly configured to maximise tenant comfort. While there is scope for light refurbishment to further enhance the property’s value, it is fully operational and ready to deliver consistent rental returns from day one. The property has a generous rear garden with outbuilding and opportunity to make off street parking. With most of the rooms currently rented out, this property is a smart, income-generating asset to add to any investors portfolio.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Pilkington Estates - Stoke. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pilkington Estates - Stoke for full details and further information.