Instant income opportunity with managed tenancy and strong quoted yield.
Fully tenanted five-bedroom HMO with immediate rental income
Full property management in place for hands-off ownership
Quoted 12% net return (buyer to verify income figures)
Two bathrooms; all bills reportedly included in rent
Small footprint with modest rear yard, compact rooms throughout
Built c.1900–1929; cavity walls assumed uninsulated — energy works possible
Located in a very deprived / hampered neighbourhood — higher local risk
Tenants require guarantors; deposits and tenancy terms apply
This mid-terrace Victorian property on Nadine Street is offered as a fully tenanted five-bedroom HMO producing immediate rental income. It is advertised with full management in place and a quoted 12% net return, making it a hands-off option for buy-to-let investors seeking instant cashflow.
The house is arranged over multiple floors with five double bedrooms, two bathrooms, gas central heating and double glazing. Communal living space and a fitted kitchen are in place; tenants currently pay an all-inclusive weekly rent covering gas, electricity, water, TV licence and Wi‑Fi. Council tax is described as very cheap, supporting low running costs.
The property footprint is small with a modest rear yard and compact rooms typical of an inner‑city terrace. It was constructed circa 1900–1929 and has cavity walls assumed to lack insulation; the EPC is shown around D with potential to improve. These factors suggest scope for targeted energy upgrades to reduce bills or raise future rental/value.
Important risk factors: the area is classified as very deprived and hampered neighbourhoods, which can affect long‑term tenant demand and capital growth. Tenants require guarantors and pay deposits, and the HMO licence/management arrangements should be checked before purchase. This listing suits investors prioritising immediate yield over long-term capital appreciation.
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