10% gross yield
Multi-unit income
No HMO licence required
Value-add opportunity
Exceptional multi-unit investment comprising four-bedroom HMO plus two self-contained flats generating an impressive £28,864 annual income with 10% gross yield. This substantial Victorian building offers immediate high returns with great income enhancement potential through strategic rental optimisation, making it ideal for experienced investors seeking superior cash flow.
The fully tenanted property includes a four-bedroom HMO requiring no licence, plus two additional self-contained flats, all currently tenanted. With annual expenses of just £3,400 for council tax and utilities, the net yield remains exceptionally attractive while offering scope for further income growth through targeted improvements.
Positioned in a prime residential area amongst original Victorian properties, ensuring consistent tenant demand and long-term capital appreciation potential. The building maintains excellent external condition while internal modernisation presents strategic value-add opportunities. Its prime location within walking distance of all essential amenities makes it highly desirable to tenants across all accommodation types.
This turn-key investment combines immediate high-yield returns with enhancement potential, perfect for investors seeking substantial cash flow in a proven rental location.