Foxhall Road, Ipswich

This property presents a promising opportunity for investors or families seeking to capitalize on its potential as a six-bedroom HMO. Previously used as a licensed HMO, it has generated an annual income of £34,200, and with strategic renovations—including the addition of another bathroom—the potential to increase earnings to over £40,000 is within reach (subject to current market rates and licensing). The residence features three king-size and three double bedrooms, making it suitable for various tenant arrangements. The existing layout includes a conventional kitchen equipped with modern appliances and a conservatory that provides added living space. While the property meets current HMO regulations, enhancements are needed to fully utilize its capacity; specifically, an additional bathroom is required to function efficiently as a six-bedroom unit. The large garden offers further possibilities for outdoor enjoyment or expansion (subject to planning permission). This property is being offered without any onward chain, allowing for a smoother transition into ownership.