Set up and licenced as HMO since 2004
A substantial five-bedroom House in Multiple Occupation (HMO) offered freehold with existing rental set-up and three tenants in situ. The property has been operated as an HMO since 2004 and retains key safety compliance: a new EICR, current Gas Safe certificate, interconnected mains smoke alarm and fitted fire doors. It includes one bathroom, a small garden and sits in a well-connected residential area close to Bridgend town centre and local amenities.
The house requires general modernisation and updating throughout, presenting clear scope to add value through refurbishment and reconfiguration. The plot is small and the property shows exterior weathering; internal works will be needed to bring communal facilities and rooms up to modern rental standards. Crime levels in the area are above average and the wider neighbourhood records high deprivation — factors to weigh when setting rental levels and management arrangements.
This lot will be sold at online auction (24 September 2025) with unconditional sale terms: 5% deposit on fall of the hammer, a buyer’s premium of 5% + VAT (minimum fee applies) and completion generally required within 28 days. The sale is a clear opportunity for an investor or portfolio builder who can finance, refurbish and manage an HMO in a central Bridgend location.
For buyers seeking an income-generating property with immediate occupancy potential, the existing HMO compliance certificates reduce initial regulatory risk. For those prioritising minimal intervention, note the single bathroom, renovation needs and local area challenges — these will affect refurbishment budgets and tenant sourcing.
