House For Sale £550,000
Spacious semi-detached property nestled in a coveted location near Moorland Road. Boasting ample space and potential, this property serves as a thriving 5-bedroom House in Multiple Occupation (HMO) for students, with an additional 6th bedroom primed for expansion.
Although the 6th bedroom does not currently meet size regulations, there exists a promising opportunity for enlargement. Generating a robust rental income of £3500 per month for the upcoming 2024/2025 academic year, this property proves to be a lucrative investment.
Managed comprehensively, this property comes fully equipped with all necessary safety and service certifications, ensuring peace of mind for both landlord and tenants alike. Remarkably, it has remained consistently let for a remarkable 15 years under the stewardship of the same landlord, attesting to its enduring appeal and reliability.
Beyond its current use as a student HMO, this property presents an enticing prospect for buyers seeking renovation potential. With the possibility of conversion into a spacious family residential dwelling, it offers an exciting canvas for those with a vision for transformation.
EPC Rating: E
