Introducing an exceptional investment opportunity, this meticulously maintained and strategically located 9-bedroom semi-detached house promises a lucrative return for the discerning investor. Situated in a sought-after locale, this property has been cleverly configured as a House of Multiple Occupation (HMO), offering an array of studio apartment accommodation tailored to meet the demands of the modern tenant landscape.

Currently, this property boasts full occupancy, with every studio securely tenanted, ensuring a steady stream of rental income for the astute investor. Adding further value to this promising investment is the tasteful rear extension, skilfully crafted to accommodate an additional two bedrooms, expanding the accommodation options and increasing the revenue potential of this property.

This 9 x studio / HMO investment property represents a rare opportunity to acquire a fully tenanted and generously proportioned residence that promises a high return on investment, with the tenants responsible for all bills.

The financials:
▪ Purchase price: £530,000
▪ Up front costs: £170,500
▪ ROCE: 17%
▪ Yield: 10%
▪ Gross annual income: £50,940
▪ Net annual income: £31,000

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.