Income-ready Victorian HMO near Abington amenities, utilities included and capped.
HMO planning for four occupants (N/2015/0757)
A compact four-bedroom private hall in the heart of Abington, offered freehold with existing HMO planning (N/2015/0757) for four occupants and a current licence running to 01/03/2027. The property is arranged over two storeys with a modern kitchen, separate living room and a low‑maintenance rear garden. Utilities are included in the letting and are capped at a realistic rate, simplifying management and tenant billing.
This mid‑terrace Victorian building (pre‑1900) combines period character with recent updates: double glazing installed post‑2002, modern décor throughout and gas‑fired central heating. The current expected gross rent is around £22,000 p.a. from four student tenants, making this suited to investors targeting the student/private‑renting market close to local amenities and good transport links.
Notable drawbacks are straightforward and important: overall internal size and plot are small, and there is only one shower room serving four bedrooms which may limit appeal or require scheduling/management. The solid brick walls are assumed to lack cavity insulation, so energy performance upgrades could be needed to improve thermal efficiency. The immediate area has above‑average crime statistics, so sensible tenant vetting, security measures and appropriate insurance should be factored into running costs.
In short, this is a tidy, income‑producing HMO with clear upside through yield optimisation and possible energy improvements. It will suit a hands‑on investor who values location and immediate rental income, and who understands the maintenance and management needs of a compact student property.
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