Summary - 80, Monks Road LN2 5HU
7 bed 7 bath Terraced
**Key Features:**
- Seven-bedroom HMO, fully let with circa £40,000 PA income
- All bedrooms en suite, ideal for student accommodation
- No onward chain, allowing for quick transactions
- Freehold property
- EPC Grade D, equipped with gas central heating and double glazing
- Compact courtyard garden for low maintenance
- Excellent location near city centre and university
**Summary:**
Discover a prime investment opportunity in this charming Victorian terraced property, strategically located in a vibrant cosmopolitan student neighborhood. With seven fully let en suite bedrooms, this HMO generates an impressive annual income of approximately £40,000, making it perfect for savvy investors. The property's layout features a welcoming entrance hall leading to a modern kitchen-diner and spacious lounge on the ground floor, with additional studio accommodation across the upper levels.
Although the property is comparatively small and set in a densely populated area with high crime rates, it offers excellent mobile and broadband connectivity, catering to the demands of student life. Its freehold status, combined with the convenience of no onward chain, promises a fast and seamless acquisition process. Perfect for first-time buyers or investors looking to expand their portfolio, this property presents great potential for sustained rental income and future enhancements. Act quickly – opportunities like this are rare in such a desirable area!
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