Ready-let six-bedroom freehold with commuter links and rental growth potential.
11% marketed return — income producing HMO
This detached Victorian property is configured and traded as a six‑bed HMO, offered freehold and already income producing with a marketed 11% yield. At approximately 1,599 sq ft, it delivers six ensuite bedrooms, a communal living room and a modern fitted kitchen with two ovens and fridge/freezers — practical features for continued HMO rental operation and potential immediate cashflow.
Located on Cambridge Street in Castleford town centre, the house is a short walk from Castleford railway station and close to junction 32 of the M62, supporting commuter demand and tenant turnover. Fast broadband and excellent mobile signal are in place, and local amenities are plentiful, which helps letability. The property shows generally good internal condition with modern kitchen and ensuite fittings, though rooms are compact as typical for multi‑let use.
Important considerations: the wider area is classified as deprived with very high recorded crime rates and a local profile of constrained renters, which affects tenant mix and management. Outdoor space is minimal and the building sits close to the pavement; private amenity is limited. The EPC is D64 and Council Tax band B. This is a targeted investment for an investor experienced with HMOs and town‑centre lettings, who can manage operating risk and exploit rental growth potential.
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