Turnkey, licensed property with projected £39,000 gross rent per year.
6 double bedrooms, each with private en suite bathroom
A rare, turnkey investment: this detached, newly renovated six-bedroom property is offered as a fully licensed HMO with every bedroom benefitting from its own en suite. The property has been extended and finished to a modern standard throughout, creating immediate letting potential and a projected gross rent roll of around £39,000 per year.
Practical benefits include off-street parking, a low-maintenance rear garden, fast broadband and excellent mobile signal — features that appeal to professional tenants and help maximise occupancy. Its freehold tenure and very low council tax band keep running costs down for an investor seeking hands-off income.
Buyers should be clear about location-related considerations. The immediate area is classified as deprived with a high local crime rate; these factors can affect tenant mix, void risk and management costs. The plot is small and the overall site footprint is compact, so there is limited scope for further expansion or significant external amenity enhancement.
This property suits a landlord or portfolio investor wanting a ready-to-rent HMO with immediate cashflow. The accommodation is turnkey following a full refurbishment, but the area will require active, professional management and a clear lettings strategy to secure the projected yields.
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