Summary - 61, Glanmor Road, Uplands SA2 0QA
7 bed 4 bath Terraced
Proven income, ready-to-run HMO near university and coastline.
Seven bedrooms, all with fitted wardrobes and wash-hand basins
A seven-bedroom, turn-key HMO in Uplands offering proven rental income and strong student demand. The property is well presented, sold unoccupied, and comes with audited accounts demonstrating consistent occupancy and cashflow — ideal for investors seeking an immediate revenue stream.
Accommodation is practical: seven bedrooms with fitted wardrobes and wash-hand basins, two kitchens, a communal lounge and four shower rooms. The house benefits from modern kitchens, double glazing installed post-2002, mains gas central heating and a short cycle ride to the university, with the coastline within walking distance.
Notable constraints are factual and important: the HMO licence expires January 2030, the building dates from 1900–1929 with likely uninsulated sandstone/limestone walls (retrofit may be needed), and the surrounding area is classified as very deprived which can affect long-term capital growth. Council tax is above average. These points reduce some buyer groups but are transparent for investors focused on yield.
In short: a ready-made, low-management HMO with verified income, suitable for investors who accept licence timing and potential retrofit work to improve energy performance and long-term value.
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