Summary - York Road, Southend-on-Sea, SS1 SS1 2DL
8 bed 8 bath Semi-Detached
**Property Highlights:**
- 8-Bedroom HMO with individual kitchen and bathroom facilities in each flat
- Compliant fire detection system and emergency lighting
- Excellent rental income of £45,300 with potential increases
- Prime location near Southend High Street and the seafront
- Strong yield of 11.33%
- Freehold tenure
Discover this unique investment opportunity in Southend-on-Sea, featuring an 8-bedroom semi-detached house structured as a House in Multiple Occupation (HMO). Each of the eight separate flats boasts its own kitchen and bathroom, catering to a growing demand for rental properties in this vibrant community. The building is well-maintained, with a fully compliant fire detection system and NAFDI-approved fire doors ensuring safety for tenants.
Located just a short stroll from Southend's lively High Street and stunning seafront, this property benefits from excellent transport links to Central London, making it ideal for young families and students. Current rental income stands at £45,300, with individual rents ranging from £425 to £500 per month, and a portion of the rear garden is rented out to a charity, adding additional income.
While the property presents amazing potential, it does require some modernization, offering you the opportunity to enhance its value further. With a significant yield and an attractive location, this property is a reliable choice for investors seeking a strong return in Southend-on-Sea. Act quickly—properties like this don’t last long!
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