Ready-made four-bed HMO near town centre — strong immediate income, investor appeal.
- Four-bedroom HMO currently fully let producing £26,040pa
- Approximate gross yield ~11% at asking price £235,000
- Traditional Victorian mid-terrace with period character
- Double glazing and gas radiator heating throughout
- Cellar provides extra storage or conversion potential
- Single bathroom for four bedrooms — limited shared facilities
- Small overall size and small plot; compact room footprints
- Area classed as deprived with higher local crime rates
A ready-made HMO investment in the Mounts, this four-bedroom mid-terraced Victorian property is fully let and producing a confirmed annual gross income of £26,040. The house is well presented throughout, fitted with double glazing and gas radiator heating, and includes a cellar for extra storage or conversion potential.
The layout is traditional: ground-floor bedroom, communal living space, galley kitchen and the single bathroom, with three further bedrooms on the first floor. At the asking price of £235,000 the property offers an approximate gross yield of around 11% — attractive for investors seeking immediate rental income and limited management set-up time because it is currently let and sold with no upward chain.
Buyers should note a few material considerations: there is only one bathroom servicing four lettable rooms, the plot and overall internal size are small, and the broader area is classified as deprived with higher local crime rates. These factors affect tenant profile, management requirements and long-term capital growth prospects. The property’s proximity to the town centre, hospital and public transport supports continued rental demand, particularly from students, workers and short-term city arrivals.
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