Five double bedrooms arranged as a five-bed HMO
Tenants in situ on 12‑month tenancy until August 2026 (sold occupied)
Annual rental income £36,000 — approx. 7.57% yield at asking price
Freehold, no onward chain; council tax band D
Driveway parking plus single garage; mains gas central heating
Accommodation approx. 1,135 sq ft across multiple levels
Presentation standard/functional; may need cosmetic updating
Garden tiered and small-to-average; layout suited to shared living
This five-bedroom semi-detached on Ivy Avenue is presented as a proven HMO investment with tenants in situ and a reported annual rental income of £36,000 (approx. 7.57% yield at the asking price). The property is sold freehold with no onward chain and comes with driveway parking and a single garage, offering immediate rental returns and low transaction friction for a buy-to-let purchaser.
Accommodation extends to approximately 1,135 sq ft across multiple levels and includes a fitted kitchen, sitting room overlooking the garden, five bedrooms and two shower rooms. Internal presentation is described as standard/functional and the current landlords have maintained the property to a good standard for lettings, so minimal immediate refurbishment is expected for continued HMO use.
Important practical points for buyers: the property is let on a 12-month tenancy with tenants in situ until August 2026, so the sale will be to an investor accepting existing occupants. Council tax band D, mains gas central heating with radiators, double glazing and a single garage with driveway add to ongoing tenant appeal. The rear garden is tiered and small-to-average in size.
Drawbacks and considerations are straightforward: the sale with tenants in situ means no vacant possession on completion and the layout is configured for shared-living use (conversion to sole occupancy would require vacant possession and possible reconfiguration). Presentation is functional rather than high-end, so purchasers planning long-term capital growth should budget for cosmetic improvement. Check local HMO licensing and compliance requirements if not already verified.
