Licensed six-bed HMO in central PL4 — vacant, rental-ready with renovation upside.
Licensed six-bedroom HMO with vacant possession
A licensed six-bedroom HMO in Baring Street offered with vacant possession — ideal for investors targeting students and professionals. The mid-terrace, period property (pre-1900) spans approximately 1,454 sq ft and currently operates as a six-bed HMO with two bathrooms and mains gas central heating.
The house benefits from good connectivity — fast broadband, excellent mobile signal and local amenities including shops, pubs, buses and nearby schools rated Good. EPC E54 and council tax band B keep running costs moderate, and the property is presented vacant so can be re-let or upgraded quickly.
Notable considerations: the building's stone walls are assumed to be uninsulated, and the EPC rating is mid-range (E54), so energy-efficiency improvements would add value and reduce tenant costs. There are only two bathrooms for six bedrooms, and the local area is classified as very deprived which can affect tenant mix and long-term capital growth.
This is a practical, cashflow-focused opportunity for a buyer comfortable with period fabric and planned improvement works. Basic maintenance or targeted refurbishment (insulation, energy upgrades, additional bathrooms) would increase lettable income and appeal to higher-quality tenants.