HMO investment with garden and parking — immediate income or convert to family home.
HMO producing approx £30,900 per year
Five bedrooms plus self-contained loft studio
Sold with company let ending October 2024
Large bright kitchen and separate utility area
Decent rear garden and parking for two cars
Solid 1930s brick build; likely no wall insulation
Some exterior and interior maintenance likely required
Council tax level described as expensive
This 1930s semi-detached house on Somerton Road is being offered with HMO income and clear conversion potential. Currently trading as a five-bedroom HMO with a studio loft, the property generates circa £30,900pa and is sold with a company let that ends October 2024 — attractive to investors seeking immediate income or buyers wanting to reinstate a single family home.
The house spans about 108 sqm (1,162 sqft) over three floors, with a large bright kitchen plus utility area, decent rear garden and off-street parking for two cars. Period features to the exterior and bay windows give character while internal presentation is mixed; the property has been managed but will suit purchasers prepared to refresh or upgrade interiors.
Key positives are the income profile, versatile layout (self-contained loft studio), generous outdoor space and parking — rare in this location. Considerations: the building is solid-brick 1930s construction with no assumed wall insulation, likely dated services in places, and exterior indicates some maintenance work. Council tax is described as expensive, and the HMO arrangements and tenancy dates need careful due diligence.
For investors, this is a ready HMO with established rent and local letting demand. For owner-occupiers, the layout offers straightforward reinstatement to a family home and scope to improve energy efficiency and finishes. Viewings are by appointment only; buyers should verify HMO licensing status, tenancy terms, and service condition before exchange.
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