Turnkey licensed investment with planning for six extra ensuites and strong rental demand.
Fully licensed 10‑bed HMO plus separate 2‑bed flat
A turnkey, fully licensed 10‑bed HMO with a separately accessed 2‑bed flat, presented as a high‑yield investment in IP2. The property currently produces £7,200 per month and comes with planning to extend at the rear for up to six ensuite rooms — projected income £12,000+/month once developed. Its location close to Ipswich town centre and the train station sustains strong tenant demand from students, professionals and contractors.
The building sits on a large, irregular plot with an enclosed rear garden, fish pond, summerhouse and outbuilding/garage for storage. Internally there are three kitchens, multiple communal rooms and five bathrooms; the large lounge could convert to an additional bedroom if required. The property is being sold freehold by a motivated seller relocating overseas.
Important practical points for investors: the house is solid brick with assumed no cavity insulation, double glazing installed before 2002 and electric storage heating. Total stated internal area is modest for a 12‑bed property (991 sq ft), so check room sizes and compliance details. The local area is classified as deprived which supports rental demand but can affect long‑term capital growth assumptions.
This is a clear opportunity for a buy‑to‑let portfolio addition or HMO specialist able to complete reconfiguration works and energy upgrades. Expect refurbishment, thermal improvement and possibly heating system replacement to maximise rent and reduce running costs. All viewings and due diligence should confirm licences, tenant agreements and the full planning consent scope.
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