The property is a three bedroom terraced house with two reception rooms and living accommodation in the attic. It is located in a popular residential area with excellent road and rail links. These factors, combined with a number of employment opportunities locally, make this an ideal property for conversion and would easily provide 5 HMO’ studio rooms.

Commenting on the house, Paul Rothwell of Empire Property Concepts said, This property provides an ideal opportunity to add a small, high yielding asset to an investor’s portfolio.

We would recommend converting the house in to five individual units which would provide adequate accommodation for a single person. There would be two HMO units on the ground floor, 2 on the first floor and one in the attic space. This means that you would also create a really useful communal area on the ground floor.

The real bonus with this one is that there is no chain so it’s a quick win. Typical rents for the area on an all-inclusive basis are in the region of £95 – £110 per week, with a high level of demand”

The property is priced at £57,500 with a total required investment of £132,500. For more information please call Empire Property Concepts on 01302 564263 or visit their website where you can see similar deals and also register for their monthly e-newsletter.

This website is using cookies
This website uses cookies for analytics and to deliver improved service. By using this site, you agree to this use. See our Cookie Policy for more information.