Large three-storey property with strong rental potential and renovation upside.
Valid HMO licence and current gross income c. £27,000 pa
A substantial six-bedroom Edwardian semi with flexible three-storey accommodation, ideal for experienced landlords or a large household. The property holds a valid HMO licence and currently produces a gross rental income of approximately £27,000 per year; it can be sold tenanted or with vacant possession for owner-occupation.
The house retains period character — high ceilings, sash windows and decorative masonry — but is a clear renovation project. The exterior and some internal elements are dated and will need updating. The EPC is rated E and the original solid-brick walls are assumed uninsulated, so buyers should budget for energy-efficiency improvements and possible modernisation of services.
Practical positives include a generous fitted breakfast kitchen, multiple reception rooms, three bathrooms in total, off-street parking and a decent rear garden. Freehold tenure, no onward chain and excellent mobile and broadband connectivity add to the convenience and rental appeal.
Location factors: the property sits in a densely populated urban area with nearby bus routes and a range of primary and secondary schools. Local area crime statistics are higher than average and the neighbourhood profile is mixed; buyers should factor this into management plans and long-term investment assumptions.
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