Immediate rental income, ready for investors seeking reliable cashflow..
3 bedrooms each with en suite and separate shower room
A three-bedroom, occupied HMO offered freehold and marketed for auction, this property is set up for immediate rental income. Each bedroom has an en suite, plus a separate shower room, delivering a combined rent of £1,940 pcm (£23,280 pa) at the stated guide price.
The lot is presented as a turn-key investment with strong headline returns (approx. 14.5% yield based on guide price). It sits in a buy-to-let hotspot for students and commuters, close to transport links and local amenities, and will attract investors seeking cashflow and capital growth potential.
Important practical points: the property is occupied (one tenant in Bedroom 2 due to vacate on Aug 25) which may affect access and viewings. It will be sold at timed online auction and buyers should factor auction timescales and requirements into plans. The immediate area is recorded as very deprived, broadband speeds are average, and the sale is offered at a price intended to encourage a quick auction sale.
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