Excellent Investment Opportunity – Five Bedroom House with Strong Rental Yield
We are delighted to present this superb investment opportunity to purchase a spacious five bedroom property, currently operating as a successful Multi-Let with potential of being a HMO with having five bedroom. Four of the rooms are already tenanted, generating a fantastic rental income of £22,000 per annum, with scope to increase earnings by letting the remaining room. With also having potential of being converted into a 6 bed HMO (subject to planning permission).
The property offers generous accommodation throughout, including well-proportioned bedrooms, a communal kitchen/diner, and shared bathroom facilities. Situated in a convenient location close to local amenities, transport links, and employment hubs, it appeals strongly to tenants and ensures minimal vacancy periods.
With an excellent return on investment and further income potential, this is an ideal addition to any landlord’s portfolio.
•Five bedroom property – four rooms already tenanted
•Annual rental income of £22,000 with scope to increase
•2 Year Old Boiler
•Sought-after location with excellent transport links
•Perfect turnkey investment with immediate returns
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Wallsend. 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 Pattinson - Wallsend for full details and further information.