This significant freehold investment opportunity encompasses two independent HMOs, providing a unique chance for investors aiming to boost rental income in an area known for its strong demand. The property features a 5-bedroom HMO and a 3-bedroom HMO, both of which are set up with separate entrances and utilities, streamlining the transition for any new owner. While the interiors would benefit from some modernization, there is considerable potential to enhance both the rental value and overall yield with thoughtful renovations.
The first unit, comprising five bedrooms along with living areas including a reception room and utility space, presents ample room for upgrades. The second unit contains three bedrooms and an open kitchen/dining area. Externally, the property includes a driveway and a manageable patio space at the rear.
Located just a minute's walk from public transport links, this site is particularly appealing to students and working professionals alike, guaranteeing sustained rental demand. Currently partially tenanted, both units yield immediate income while also offering significant upside through improvements. With licenses in place until 2029 and 2030 respectively, new investors can take full advantage of this ready-to-move-in situation while planning future enhancements.
