**Standout Features:**
- 6-bedroom Licensed HMO
- Total Rental Yield: £28,320pa
- Split over 3 floors in St Johns, Worcester
- Double glazed and gas central heating
- Furnished and tenanted, sold at auction
- Valid HMO license until 2028 (non-transferable)
- Spacious garden area
**Concerns:**
- Solid brick walls with no insulation
- High crime rate in the local area
- Built pre-1900 may require future maintenance
Ideal for investors seeking a robust rental opportunity, this spacious 6-bedroom house of multiple occupation (HMO) is situated in the vibrant St Johns area. Generating a healthy rental income of £28,320 annually, this property is fully tenanted and furnished, ensuring immediate revenue from day one. The well-established HMO license is valid until 2028, although it cannot be transferred, offering stable rental potential.
Spread across three floors, this mid-terrace property features a modern galley kitchen, a cozy lounge/diner, and six bedrooms, complemented by two shower rooms and an additional WC. The garden space accessible via patio doors in the kitchen enhances the living experience, which is further enriched by excellent mobile and broadband services.
While the property requires no immediate work, potential buyers should note the solid brick construction with no insulation and the high local crime rate. This investment opportunity is poised to attract tenants, particularly from the family-oriented community with well-rated schools nearby. Act quickly—properties with this rental potential and licensing are in high demand and won't last long!