5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Reservation Fee Apllicable
- T&Cs Apply
- Turnkey Investment: Hassle-free addition to your portfolio, offering a secure and lucrative opportunity.
- Stable occupancy and income.
- Strategic Location: Conveniently situated with easy access to amenities, public transport, and local services.
- Spacious Living: Five well-proportioned bedrooms provide comfortable accommodation for tenants.
- Impressive Gross Yield: Boasts an impressive gross yield of nearly 15% before bills, indicating strong financial performance.
- Robust Rental Income: Generates an annual rent of £22,000, offering a substantial and reliable income.
- Longstanding Rental History: Proven track record dating back to 2011, showcasing consistent rental success.
- Licensed HMO: Valid House in Multiple Occupation license in place for regulatory compliance.
*Guide Price £150,000 plus Reservation Fee*
Introducing a lucrative investment opportunity! This well-appointed 5-bed House in Multiple Occupation (HMO) comes with a valid license and an impressive rental history dating back to 2011, solidifying its status and usage.
Key Features:
HMO License in Place: Compliance is key, and this property boasts a valid HMO license, ensuring adherence to regulatory standards.
Proven Rental Success: With rental history dating back to 2011, this property has delivered reliable returns.
Substantial Rental Income: Generating an annual rent of approximately £22,000, this HMO property commands a substantial income stream.
Exceptional Gross Yield: Achieving an impressive gross yield of nearly approximately 15% before bills, this investment stands out for its financial performance.
Spacious Accommodation: The property offers five well-proportioned bedrooms, providing comfortable living spaces for tenants.
Strategic Location: Ideally situated for tenant appeal, with convenient access to amenities, public transport, and local services.
Turnkey Investment: An investor's dream, with a reliable income stream and all the necessary licensing in place, making it a hassle-free addition to your portfolio.
Seize the opportunity to add this high-performing HMO property to your investment portfolio. Whether you're a seasoned investor or exploring your first venture, the combination of a proven track record and impressive financial metrics makes this property a standout choice. Schedule a viewing to unlock the full potential of this lucrative investment.
Disclaimer
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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*DISCLAIMER
Property reference S876373. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Rezee - Hull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 18, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 18, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 24, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.