Fully tenanted 5-bed HMO with c.14% gross yield — immediate income for investors..
Five-bedroom HMO with tenants in situ
Estimated c.14% gross annual rental yield
Freehold tenure; council tax Band A (low)
Two second-floor en-suites plus communal bathroom
Modern fitted kitchen; double glazing installed post-2002
Solid-brick walls likely without insulation — retrofit likely needed
Small plot and overall footprint; limited expansion potential
Local area records very high crime — factor in insurance/management
A well-located five-bedroom semi-detached HMO arranged over three floors, offered with tenants in situ and producing an estimated c.14% gross rental yield. The layout includes a communal dining room, fitted kitchen, one ground-floor bedroom, two first-floor bedrooms with a shower room, and two large second-floor bedrooms each with en-suite—arrangements that suit multi-occupancy rental demand. Broadband and mobile signals are excellent and the property sits close to shops and transport links, supporting tenant demand.
This is a solid Edwardian/early-20th-century build with attractive bay windows and high ceilings; double glazing and a modern kitchen are already in place. The rear benefits from a low-maintenance enclosed courtyard, minimising external upkeep for tenants. Tenure is freehold and council tax is low (Band A), which supports net income for an investor.
Notable concerns: the building is a solid-brick construction likely without cavity insulation and may require thermal upgrades to improve energy efficiency. The area records very high crime levels which can affect letting risk and insurance costs; prospective buyers should check local insurance premiums and management requirements. The plot and overall property footprint are small, limiting expansion potential.
Overall, the property is aimed squarely at buy-to-let investors seeking immediate income from a fully tenanted HMO with strong headline yield. It offers good rental fundamentals and short-term cashflow but will benefit from planned investment in insulation/energy improvements and careful tenant/asset management given the local crime profile.