Map
Area stats9 bedroom semi-detached house for sale
Cargate Avenue, Aldershot
Added yesterday
Semi-detached house
9 beds
3 baths
EPC rating: D
Key information
Tenure: Freehold
Council tax: Band E
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Registered HMO property
- 9 letable rooms in total
- Eight self-contained bedsits
- One Studio apartment
- Total income last year £58,600
- By appointment only
- Investers only
- Close to town and station
- Council tax band E
- EPC energy rating band (d) 59
Rarely Available 9-Bedroom HMO Investment Opportunity
Offered to the market is this rarely available nine-bedroom House of Multiple Occupation, successfully operated for over 40 years.
The property comprises eight self-contained bedsits, served by two shared bathrooms, in addition to a separate studio flat with its own kitchen and shower room. The HMO has generated a recorded income of £58,600 over the past year, with only 3 rooms having been refurbished in recent years.
There remains clear scope for further improvement, with the opportunity to redecorate remaining rooms and increase rental levels, offering strong potential to enhance overall income and yield.
Each room is equipped with its own sink unit, fridge, mini oven and hob, kitchen storage, and furniture, the studio has its own seperate kitchen and shower room, making the property well suited for continued operation as a going concern. This represents an excellent investment opportunity for an incoming HMO landlord seeking immediate income with upside potential.
Located on the popular Cargate Avenue, the property also benefits from outside space and is conveniently positioned close to the town centre and mainline station.
Offered to the market is this rarely available nine-bedroom House of Multiple Occupation, successfully operated for over 40 years.
The property comprises eight self-contained bedsits, served by two shared bathrooms, in addition to a separate studio flat with its own kitchen and shower room. The HMO has generated a recorded income of £58,600 over the past year, with only 3 rooms having been refurbished in recent years.
There remains clear scope for further improvement, with the opportunity to redecorate remaining rooms and increase rental levels, offering strong potential to enhance overall income and yield.
Each room is equipped with its own sink unit, fridge, mini oven and hob, kitchen storage, and furniture, the studio has its own seperate kitchen and shower room, making the property well suited for continued operation as a going concern. This represents an excellent investment opportunity for an incoming HMO landlord seeking immediate income with upside potential.
Located on the popular Cargate Avenue, the property also benefits from outside space and is conveniently positioned close to the town centre and mainline station.
Property information from this agent
Area statistics
Crime score
High crime
9/10
About this agent
FOSTERS SALES & LETTINGS We are local experts in sales, lettings and property management based in Aldershot town centre. Good communication is the key to a successful property transaction. Our service is proactive, attentive, and reliable, with many testimonials and 5* reviews from our clients. From enquiry to completion, we are dedicated to achieving the best results, whether you’re buying, selling, letting, or renting. The staff at Fosters have a combined experience of many years in the property industry and offer a wealth of both sales and lettings knowledge and expertise. We take the personal approach and our combined experience will ensure everything goes as smoothly as possible. We understand that everybody has different requirements; no request is too big or too small for Fosters. We want you to feel completely relaxed and confident you are making the right choice. We do not pressure clients into making decisions. We believe that great communication and building a strong rapport is the best way to get excellent results and we will work with you to achieve our combined goals.