Off Market – Fully Tenanted HMO – 16.6% ROI

Existing HMO – Great Location, Spacious 7 bed House!!

  • Fully Tenanted
  • Off Market
  • The license holder is the managing agent, so the investor does not need to apply for an HMO License
  • Currently managed with HMO agent (10%)
  • Property in good condition
  • No refurb required
  • Close to the town centre
  • Local Council has relaxed HMO rulings.
  • Front and back garden
  • car park to the rear
  • 2 shower rooms
  • 7 bed HMO

Current Income

Bed 1 £100pw

Bed 2 £80pw

Bed 3 £80pw

Bed 4 £110pw

Bed 5 £80pw

Bed 6 £80pw

Bed 7 £70pw

Gross Total: £31200pa

Location Data (source; property data)

  • 10% increase in house prices over the last 5 years
  • The average household earns £37,000
  • Low crime rate
  • Town centre undergoing rejuvenation
  • Home to large food factories which have thrived throughout the pandemic
  • Huge industrial estates attracting lots of eastern Europeans who like 12-hour shift

Sourcing Fee: £3000

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What's Nearby?

Education
Transit Stations
Hospitals
Grocery

Location