This licenced hmo would make a good addition to a buy to let portfolio. Currently, five of the six rooms are let generating an income of £15,080 per annum. This equates to a return, in excess of, 16% when based on the lower guide price. A majority of the tenants longstanding with some having lived there for 7/8 years. Tenants have a kitchenette in their room and have access to a communal bathroom and w/c. Each room has its own coin operated electricity meter allowing tenants to pay for the power they use. This could be a stable investment for someone looking to achieve a high return.
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