£500,000
5 bed link detached house for saleRothersthorpe, Giffard Park, Milton Keynes MK14
5 beds
6 baths
1 reception
- Chain free
- Freehold
eXp World UK
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About this property
Fully licensed HMO
Generating £45,600 per annum
Four en suite bedrooms
Fifth bedroom with access to own bathroom
Off road parking for five cars
Rear garden
Kitchen/dining room
For all enquiries please quote CD0104
A superb opportunity to obtain a fully licensed five bedroom HMO in Milton Keynes that is generating approximately £45,600 per annum for the current owner. It is well appointed with four en suite bedrooms and the fifth bedroom having access to its own bathroom; two of the rooms having additional living space. This HMO also has a good amount of external space giving parking for fives cars and a rear garden and has good amenities and commuting routes nearby.
The property has a modern kitchen-dining room as a communal space, a ground floor WC, and two ground-floor rooms, one with private access to the rear garden. Ample off-road parking is available, ensuring convenience for all residents.
Currently operated as a business, the property generates an £3,800 per month and has a strong rental history, with rooms consistently in high demand.
Key Features:
Entrance Hall
Ground Floor WC
Kitchen-Dining Room: 4.95m x 2.99m (16'2" x 9'9")
Room 1: 6.34m x 3.25m (20'9" x 10'7") with en-suite
Room 2: Bedroom (3.67m x 2.40m / 12'0" x 7'10") and Living Room (5.01m x 3.53m / 16'5" x 11'6") with en-suite
Room 3: Bedroom (4.98m x 2.94m / 16'4" x 9'7") and Living Area (3.26m x 1.75m / 10'8" x 5'8") with en-suite
Room 4: 3.34m x 3.23m (10'11" x 10'7") with en-suite
Room 5: 4.57m x 3.01m (14'11" x 9'10") with private bathroom
Rear Garden: Perfect for tenants to enjoy outdoor space.
Off-Road Parking: Adequate parking for all residents.
Rental Income Breakdown:
Room 1: £800 pcm
Room 2: £850 pcm
Room 3: £650 pcm
Room 4: £800 pcm
Room 5: £700 pcm
The property is sold with all relevant certificates in place (to be verified by your solicitor during the purchase process). This is an ideal investment for those seeking a high-yielding, low-maintenance property in a popular rental area.
Current monthly outgoings in the region of £600 per month for home utilities.
Please quote CD0104 for all enquiries
For all enquiries please quote CD0104
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
5: I have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: I have not sought to verify the legal title and boundaries of the property and the buyers must obtain verification from their solicitor.
7. In line with regulations and being transparent, I refer clients to Solicitors and Financial Advisors for which I can receive a fee of £200 to £250. You are completely free to choose whoever you wish but these are companies that have provided a good service for my clients.
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