Ready-made HMO near university transport links — immediate income potential.
Fully licensed five-bedroom HMO, each bedroom with en-suite
A fully licensed five-bedroom HMO on a Victorian terrace, offered freehold and arranged over three floors. Each bedroom has an en-suite, and the layout includes a lounge, fitted kitchen, small utility and a rear yard — a ready-made rental income unit for the student or HMOs market. The property benefits from double glazing, mains gas central heating and fast broadband/mobile connectivity, supporting high occupier demand.
Positioned close to university transport links and local amenities, this compact property suits buy-to-let investors seeking immediate income with minimal void risk. The accommodation is presented in generally good internal order with modern finishes in living areas and tiled en-suites, reducing immediate refurbishment needs inside.
Notable negatives: the area records higher crime levels and is scored as deprived, which can affect rental yields and resale values. External upkeep is required — the front facade shows patch repairs and the rear garden is paved and overgrown. Room sizes are modest and plot size is small, so the property will not suit tenants needing substantial external amenity or families requiring larger living space.
Overall, this is a practical investment for landlords targeting university or transient city tenants who value ensuite privacy, fast connectivity and a licensed HMO that is already operational. Factor in local market pressures and external maintenance when assessing yield and capital-growth potential.