The property is located on Seymour Avenue, St Judes and is for sale with our sister company Champion Stuart.
The property is currently a six bedroom HMO. Two bedrooms, living area, kitchen and shower room on the ground floor and a further four bedroom and shower room on the first floor.
The property should be renovated and configured to a six bedroom HMO with four ensuite bedrooms and two further bedrooms.
It’s on the market with a guide price of 200,000 to £210,000. If you re-configured the property, I would expect you to achieve an income of £30,000, giving a gross return of 11.5%.
If you are looking for a HMO currently please feel free to get in touch with me for any HMO related advice.