This semi-detached property presents a compelling opportunity for investors, currently configured as a six-bedroom house of multiple occupation (HMO) with an impressive income stream of approximately £71,400 per year. Spanning around 1,260 sq ft (117 sq m), the layout is optimized for rental purposes, featuring six spacious bedrooms each with private en-suites and two kitchens to accommodate tenant needs effectively. Additionally, there is notable potential for enhancements or expansions, subject to planning permissions, which could significantly elevate both the property's market value and rental yield.
The rear garden adds valuable outdoor space, further appealing to future occupants. This property’s location benefits from good transport links and local amenities, ensuring steady demand from tenants. With its strong current performance and the inherent possibilities for value addition, this listing stands out as a solid investment prospect.
Offered at auction, this property could be secured quickly due to the streamlined bidding process designed for transparency and speed.