Ready-income town-centre HMO for hands-on investors and landlords.
• Six bedrooms across three floors, two bathrooms
• Generates £29,640 per annum in current rental income
• Valid HMO licence until 17 Sep 2029; Article 4 lawfulness certificate
• Tenanted until June 2026 — income continues until then
• Solid-brick Victorian build; walls assumed uninsulated
• Small plot and privately enclosed courtyard only outdoor space
• High local crime and area deprivation may affect demand
• Double glazing present; install date unknown
This six-bedroom mid-terrace on Victoria Street is offered as a freehold HMO with immediate income and long-term letting potential. Fully licensed and generating £29,640 pa, it is currently tenanted until June 2026 and benefits from a lawfulness certificate with Article 4 permission to operate as an HMO in perpetuity.
Accommodation spans three floors with two ground-floor bedrooms, a modern open-plan kitchen/lounge, a shower room and enclosed courtyard, three first-floor bedrooms with a shared bathroom, plus a sixth bedroom and storage on the second floor. The property is solid-brick Victorian stock (circa 1900–1929) with double glazing (install date unknown) and gas central heating via boiler and radiators.
Key strengths are the valid HMO licensing, proximity to Loughborough University and town centre, strong mobile and broadband connectivity, and an established rental income. Important considerations: the area records high crime and higher-than-average deprivation, the plot is small, walls are assumed uninsulated (solid brick), and glazing age is unknown — all of which may affect running costs and refurbishment priorities.
For an investor seeking a ready-made student or multi-occupancy asset, this property provides an immediate, licenced income stream with scope for yield improvement through targeted refurbishment and energy upgrades. Buyers wanting longer-term owner-occupation should note the current tenancy and HMO setup.
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