Description

This superb 6-bedroom HMO property, situated in the heart of Old Town, offers an ideal investment opportunity with a strong, consistent rental income and growth potential. Boasting a current 100% occupancy rate and a gross yield of 9.75% in its current condition, this property is an exceptional addition to any portfolio.

Inside, the property is designed to maximize tenant convenience and privacy. Six well-sized bedrooms provide comfortable living, with two rooms featuring their own kitchenette—an attractive feature for tenants seeking a little extra independence. The well-maintained communal kitchen and shared facilities add to the property’s appeal for long-term tenants.

Strategically located within walking distance of a range of local amenities, as well as the bus and train stations, this property offers unparalleled convenience for tenants working in or traveling around the area. With off-street parking available to the rear, tenant access and vehicle security are added bonuses, further enhancing its desirability.

This property comes with planning history for a two-storey rear extension, previously approved to add three additional en-suite rooms. Expanding the property would not only increase the rental yield but also heighten its market value, making it an excellent prospect for future income growth.

This is a prime HMO investment in a bustling town centre location—an opportunity that combines reliable returns with excellent prospects for value and income enhancement.

Location

Mobile & Broadband Coverage Section