Summary - 27A ALEXANDRA PARADE BS23 1QX
15 bed 15 bath House Share
**Standout Features:**
- 15-bedroom property, currently functioning as a House in Multiple Occupation (HMO)
- 14 en-suite bedrooms plus an additional one-bedroom flat
- Potential for further accommodation expansion (subject to consent)
- Strong rental income of approximately £111,205 per annum
- Central location near High Street, Sea Front, Railway Station, and Bus Terminus
- Freehold tenure, gas central heating, and double glazing
- Suitable for investors looking for high rental yield
**Summary:**
This substantial 15-bedroom corner property on Alexandra Parade is a remarkable investment opportunity. Currently operating successfully as an HMO, it comprises 14 en-suite bedrooms and an additional one-bedroom flat, providing immediate rental income of £111,205 annually. The property features modern amenities including gas central heating and double glazing, ensuring comfort for tenants. Located centrally, it offers easy access to local shops, the sea front, and public transport, making it appealing to prospective tenants or buyers looking for rental potential.
While the property is in generally good condition, it's crucial to note that further renovations are possible, which could elevate its value and rental yield, pending any necessary consents. However, keep in mind that the local area has a high crime rate and an overall high council tax band, factors which may impact your investment decision. With a freehold title and limitless potential, this property is not just a house; it’s a gateway to a profitable future in the growing rental market of Weston super Mare.
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