4 bedroom property

Easton HMO investment - Four s/c Bedsitting rooms/studios producing £2,500 pcm (inc bills) A great investment opportunity

Easton Hmo - If you are looking for an HMO investment with potential, then 8 Argyle Street could be just what you are looking for . This property currently generates £2,500 (inc bills) per month in rent from 4 bedsitting rooms and has an excellent occupancy rate. The property is located in Easton and has potential to be converted into 2 flats (subject to planning) This is a property that should attract the interest of both seasoned HMO landlords and developers alike..

The building is a terraced house and comprises of the following bedsits

Room 1 - 4.15 x 3.2 (13'7" x 10'5") - This bedsit on the ground floor at the front of the house has it's own shower room and a small kitchenette. It is currently rented for £600 pcm including bills

Room 2 - 2.9x 3.5 (9'6"x 11'5") - The garden studio. Has a living area and a sleeping area (3.5 x 1.9). It has its own bathroom and kitchen and has exclusive access to the garden. It is currently rented for £700 pcm inc bills

Room 3 - 3.75 x 3.5 (12'3" x 11'5") - Situated on the first floor at the front of the building. This bedsitting room has a small kitchenette ) and an en-suite shower room. This room is currently rented for £600 pcm inc bills

Room 4 - At the rear of the property on the first floor. This is a is a sauite of rooms comprising a bedsitting room a self-contained kitchen (3.9m x 2.3m and a s/c shower room. This is currently rented for £600 pcm inc bills

Investment Details - The property is currently fully let and is generating £2,500 pcm. The property has a proven track record of generating a good return on investment. In addition our client has had plans drawn up looking to convert the property into two self-contained apartments (subject to planning)