Immediate rental income and high yield — HMO with tenants in place, ideal for buy-to-let investors..
HMO sold with tenants in situ and no onward chain
This five-bedroom terraced HMO is offered freehold with tenants in situ and no onward chain, providing an approximate gross annual rental income of £23,580 and an estimated 11.8% rental yield. The layout includes a communal kitchen-diner, two shower rooms (one ground floor, one first floor), a downstairs bedroom, four upstairs bedrooms, a small enclosed rear garden and a nearby detached single garage. The property is compact (approx 1,159 sq ft) and presents as a low-maintenance, mid‑20th century brick terrace requiring internal modernisation in places.
For buy-to-let investors the property’s main attractions are the immediate income stream, HMO use already established, freehold tenure and absence of onward chain. The accommodation includes several smaller upper‑floor rooms suited to single occupancy — a practical layout for continued HMO operation. The location offers local amenities and transport links, plus good mobile and broadband connectivity.
Important considerations: the area records very high crime and very high deprivation levels which may affect tenant turnover and insurance costs. Externally the house is dated and will benefit from cosmetic and possible internal upgrades to maximise rental values. The particulars list an EPC of E; buyers should verify the rating, room measurements and on-site condition before purchase.
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