Sold STC
£925,000
We are delighted to present this exceptional 18-bedroom House of Multiple Occupancy (HMO) located just minutes from Wakefield city centre. This property offers a rare and lucrative investment opportunity with a monthly rental income exceeding £9,000 and a history of consistently high occupancy rates.
Key Features:
18 En-Suite Bedrooms: Each of the 18 spacious bedrooms comes with a private en-suite bathroom, offering tenants a comfortable and self-contained living space. This modern setup is highly desirable and ensures strong tenant retention.
Prime Location: Situated in close proximity to Wakefield city centre, the property is ideally located for tenants seeking easy access to amenities, public transport, and employment hubs. The area is highly popular among young professionals and couples.
Fully Licensed HMO: The property is fully compliant with HMO regulations and holds the necessary licenses, making it a turnkey investment ready for immediate income generation.
High Occupancy Rates: This HMO boasts very high occupancy rates, ensuring a steady and reliable income stream. The property’s excellent location and well-maintained condition make it a sought-after choice among tenants.
Modern Amenities: The property is equipped with modern communal facilities, including several large shared kitchen/diners & laundry facilities, enhancing the appeal to potential tenants.
Investment Highlights:
High Yield: With a rental income exceeding £9,000 per calendar month, this property offers an impressive return on investment, making it an attractive opportunity for serious investors.
Low Vacancy Risk: The combination of a prime location and fully en-suite rooms ensures low vacancy rates, providing a stable and consistent income.
City Centre Proximity: The close proximity to the city centre adds significant value to this investment, with tenants willing to pay a premium for such a convenient location.
Secure Your Investment Today!
This 18-bedroom HMO represents a rare opportunity to acquire a high-yield, low-risk property in a prime location. Exclusively available to investors, this property is a must-see for those looking to expand their portfolio with a secure and profitable asset.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
