This is an excellent opportunity to acquire a deceptively spacious, extended, and refurbished semi-detached property featuring 5 HMO rooms. Located in a sought-after residential area, the property offers 5 HMO rooms, including 2 with en-suite bathrooms and 3 sharing a single bathroom. It also boasts a shared kitchen, dining area, driveway, garage, and an enclosed rear garden. Conveniently close to local amenities, transport links, and the City Centre.

Features:
- Freehold
- Licensed HMO
- Refurbished
- Low maintenance
- 3 x bathrooms
- Gas central heating
- New boiler and 300 litre tank fitted recently
- Fully let with AST agreements
- Including all fittings, fixtures and furniture
- Healthy 9% yield with potential to improve the rental income


The financials:
▪ Purchase price: £355,000
▪ Annual profit: £10,531
▪ ROCE: 8%
▪ Yield: 9%

▪ Our fees: £6,000
▪ SDLT: £14,700
▪ Rental income: £2,660 PCM with potential to increase without extra costs.

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.