£475,000
(£333/sq. ft)
6 bed semi-detached house for saleWarren Road, Winchester SO23
6 beds
4 baths
1 reception
1,425 sq. ft
EPC Rating: D
- Freehold
Martin & Co Winchester
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About this property
6 Bedroom Licensed HMO
4 Bathrooms Including 3 Ensuites!
All Good Sized Double Bedrooms
Sizeable Driveway for Multiple Cars
Article 4 Compliant
Great ROI Opportunity
Good Modern Condition Throughout
Tenanted for Income From Day 1
Good Sized Rear Garden
Sold with Furniture and Fittings Included
New to market is this rare opportunity to acquire this sizeable high yielding HMO!
Fully compliant and licensed 6 bedroom 4 bath HMO, let to individual professionals for competitive rent!
This well-presented 6-bedroom, 4-bathroom HMO property is located in the desirable area of Winnall, Winchester, and offers an excellent investment opportunity with a strong gross rental income of £4,150 per month.
This is a gross ROI of 8.74% and return on cash net of management and interest costs at approximately 14.9%!
Set in a prime location for professional sharers, students, commuters and more, this property boasts 6 generously sized bedrooms, 3 of which are equipped with their own en-suite bathrooms, providing privacy and convenience for tenants and increasing demand.
The remaining bedrooms share well-maintained bathroom facilities, ensuring comfort for all residents, as well as a modern and spacious kitchen dining area.
The property further benefits from a sizeable driveway to the front, making it even more desirable to prospective tenants. Good sized and well maintained garden in need of minor works.
The property offers the potential for high returns, making it an ideal investment for landlords seeking a ready-made, income-generating asset.
The current rental income of £4,150 per month reflects the high demand for high quality rental and particularly ensuite properties in this sought-after location!
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