**Standout Features:**
- Freehold detached house with recent refurbishment
- Currently configured as an 8-room HMO, fully tenanted
- High net rental yield of approximately 11%
- Generates an annual income of £64,800
- Chain-free status; ready for immediate investment
- High-demand area for HMOs
This newly renovated, freehold detached house presents a unique investment opportunity for those looking to capitalize on the lucrative rental market in Buxton. With eight fully rented rooms and an impressive rental yield of 11%, you can enjoy a steady income of approximately £64,800 per annum with minimal management hassle. The property features two fully fitted kitchens and two shower rooms, making it a convenient choice for tenants.
While the exterior reflects its Victorian roots, showcasing high ceilings and traditional architecture, the interior offers modern amenities, providing a comfortable living environment. However, potential investors should be aware of the property's high crime rating and area deprivation, which could impact tenant selection.
Located in a vibrant, cosmopolitan student neighborhood, this property benefits from excellent mobile connectivity and average broadband speeds, appealing to a younger demographic. The nearby schools have received good Ofsted ratings, enhancing its attractiveness for family-oriented tenants. Act fast, as opportunities like this don’t last long! This HMO not only offers strong cash flow but also the potential for future appreciation—perfect for savvy investors looking to expand their portfolio.