Turnkey cash-flowing purchase with immediate rental income potential.
Three-bedroom freehold flat currently let as an occupied HMO
A three-bedroom freehold flat offered for auction, currently let as an occupied HMO producing £1,920pcm (£23,040pa). Based on the guide price of £185,000 this equates to a headline yield of 13.5%, making it a clear candidate for investors seeking immediate cash flow.
The building sits within a student-and-commuter neighbourhood with excellent mobile signal, average broadband and wide local amenities and transport links. One occupant (Bedroom 3) is due to vacate on 1 September 2025, creating near-term letting flexibility.
Important factual notes for buyers: the listing-wide details state three bedrooms and one bathroom, but promotional material also claims each bedroom has an en suite. Prospective purchasers should verify the internal layout, facilities and HMO compliance before bidding. The property is offered at auction and will be sold as occupied; immediate offers are invited.
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