Fully Licensed Mixed-Use HMO – 9 Units Including 2 Flats – 15.29% Yield – Prestcot Street, HX1 An exceptional high-yielding mixed-use HMO investment producing £63,440 per annum, this substantial and well-managed property offers a versatile layout and is licensed for up to 14 occupants. The accommodation is spread across 9 lettable units, including 2 self-contained apartments and 7 spacious rooms, 5 of which benefit from private wash basins. The property features a large communal kitchen/dining area, modern shared bathrooms, and private parking – all within a high-demand rental location close to Halifax town centre. Accommodation Overview: 2 self-contained apartments – each with separate electric meters 7 additional rooms (5 with wash basins), sharing:2 full bathrooms1 large communal kitchen/dining area with double oven and double sink Individually metered electricity for all units 4 private parking spaces HMO licence in place for 14 occupants Key Investment Features: Fully compliant and licensed HMO Excellent configuration for maximum income potential Modern communal facilities and strong tenant appeal Prime rental area with strong demand from professionals and key workers High income-producing asset with immediate returns A rare opportunity to acquire a high-capacity HMO with a mixed-use layout and significant income stream in the heart of Halifax.
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.
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