Turnkey licensed multi-let with expansion potential and strong rental prospects.
7-bedroom detached property configured as a licensed HMO
A substantial seven-bedroom detached property currently operating as a fully licensed HMO, offered freehold and sold at auction. The house sits on a decent plot with a large forecourt and off-street parking for multiple vehicles, plus an attached garage and enclosed rear garden. The layout delivers immediate rental income with tenants in situ, and clear scope to add two further bedrooms or convert the garage for extra accommodation.
Internally the home presents with modern fittings and practical communal spaces: a long fitted galley kitchen, an open-plan lounge/diner and three bathrooms. Double glazing and gas central heating are installed, and many fixtures and furniture are included in the sale. The property was built in the early 20th century and retains period proportions while being upgraded for multiple occupation.
Important practical points for buyers: the lot will be sold at auction with associated non-refundable reservation and deposit obligations. The property sits in a small-town fringe area with excellent transport links but a local crime rate above average. Viewing and due diligence are advised to confirm room sizes, current tenancy terms, and any works required to expand or reconfigure the layout.
This is a straightforward purchase for an investor seeking a turnkey high-yield HMO with near-term uplift potential, or for a buyer willing to convert back to a large family home or split into two dwellings. Legal pack review and professional advice are recommended before bidding due to auction sale conditions.
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