Five-bedroom, fully managed let offering instant rental income and strong yield.
Fully tenanted five-bedroom HMO generating immediate income
Existing management sold with property for seamless transition
Current gross yield circa 11.8% (£36,400 pa at quoted rents)
Approx. 1,098 sq ft; compact rooms and typical Victorian proportions
Very small plot / limited external garden and forecourt only
Solid brick walls assumed with no insulation — retrofit likely required
Located in a very deprived area; local demand for HMO lettings
EPC C (69) with potential to B (81); some upgrade scope
This mid-terraced Victorian property on Highfield Road is offered as a fully tenanted HMO, delivering immediate rental income. The five-bedroom, two-bathroom layout and existing management make it a straightforward, hands-off acquisition for investors seeking cash flow from day one. The current income equates to an 11.8% gross yield (£36,400 pa at £140 pw per room).
Internally the house provides compact but usable accommodation across approximately 1,098 sq ft. The building benefits from double glazing (post-2002) and a C-rated EPC (69) with potential to improve, which could help reduce ongoing costs and improve marketability. Heating is mains gas with boiler and radiators; council tax is very low.
Buyers should note the wider context: the property sits in a very deprived area of predominantly blue-collar terraces, and the plot/garden space is very small. The walls are solid brick with no fitted insulation assumed, so fabric upgrades could be needed to boost energy performance. The property is sold freehold and is advertised as bought with the current management in place.
This is a clear, income-focused opportunity for investors comfortable operating in higher-demand HMO markets. It suits purchasers who prioritise immediate return and ongoing rental cash flow over large external space or premium neighbourhood amenities. A buyer seeking to add value could consider sensible energy-efficiency improvements and internal redecoration to sustain or increase rents.
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