Description
Located on Railway Terrace in Rugby, this impressive 13-bedroom House in Multiple Occupation (HMO) is a great rental investment. Its prime location, just a short walk from the train station and Rugby town centre, makes it a lucrative choice for tenants seeking convenience and connectivity.
The property generates a substantial monthly rental income of £5,338.67, attesting to its value as an income-producing asset. With 13 bedrooms, it caters to a diverse tenant base, ensuring consistent occupancy and rental income. The spacious layout offers a comfortable living environment, while its proximity to local amenities, public transportation, and the town centre adds to its desirability. Other benefits of the property are a recently installed fire alarm system and new boiler servicing the first floor rooms.
Room 1 - Current rent achieved - £442.00
Room 2 - Rent Achieved - £485.33
Room 3 - Rent achieved - £455.00
Room 4 - Rent achieved - £424.67
Room 0 - Rent Achieved £520.00
Room 01 - Rent achieved - £381.33
Room 02 - Rent achieved - £411.67
Room 03 - Rent achieved - £381.33
Room 04 - Rent achieved - £368.33
Room 05 - Rent achieved - £381.33
Room 06 - Rent achieved - £377.00
Room 07 - Rent achieved - £385.67
Room 08 - Rent achieved - £325.00