Ready-made HMO near university, immediate rental income potential.
- Five-bedroom HMO producing £24,225 gross per year
- Freehold and chain free
- Sold by Modern Method of Auction; buyer fees apply
- Reservation fee 4.2% (min £6,000) plus £300 document fee
- Small plot with low‑maintenance flagged front and rear yards
- High local crime rate and deprived area; management required
- Traditional stone walls, likely no cavity insulation
- Mains gas boiler heating; double glazing (unknown install date)
A five-bedroom mid-terrace currently operating as an HMO, positioned for Huddersfield University and town-centre amenities. The property produces a reported gross rental income of £24,225 per year and is offered freehold and chain free, making it straightforward for an investor to acquire and re-let.
The accommodation is arranged over basement, ground, first and attic floors and includes a modern kitchen/dining space, contemporary bathroom and a flagged low-maintenance front and rear yard. Heating is by mains gas boiler and radiators, glazing is double glazed (install date unknown), and the building dates from c.1900–1929 with traditional stone walls (assumed uninsulated) — giving scope for energy efficiency improvements and potential rent uplift after refurbishment.
This sale uses the Modern Method of Auction. Buyers must complete within 56 days of draft contract receipt, pay a non-refundable reservation fee (4.2% of the purchase price including VAT, minimum £6,000) plus a £300 document fee, and complete their own due diligence. The property sits in a deprived, high-crime neighbourhood used primarily for student lets, which influences tenant demand and management needs.
Suitable for investors seeking an immediate income stream and short-term refurbishment potential, the house requires informed budgeting for works and management. There is no flood risk and council tax is very cheap, but prospective purchasers should review the buyer information pack and discount additional costs from auction fees and possible repair/upgrading requirements.
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