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£165,000

Minerva Way, Wellingborough, Northamptonshire, NN8

  • 4 beds
Other
Under offer/SSTC

£165,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£753 per month

Minimum deposit amount:

£8,250
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Attention landlords and investors! Presenting a fantastic opportunity to acquire a fully operational 4-bedroom HMO in the desirable town of Wellingborough. This property is currently generating an impressive gross rental income of over £1,700 per calendar month, making it a highly lucrative addition to your portfolio with a gross yield of over 12% Key Features: - Four Well-Proportioned Bedrooms: - Modern Communal Areas: The property boasts a spacious, fully equipped kitchen and a comfortable dining area, ideal for tenants to relax and socialise. - Prime Location: Situated in an area of Wellingborough within easy reach of local amenities, including shops, restaurants, and public transport links, ensuring high demand from potential tenants. - Strong Rental Yield: With gross rental income exceeding £1,700 PCM, this HMO offers an attractive return on investment, with scope for further growth in rental income. - Fully Compliant: The property meets all necessary HMO regulations, providing peace of mind to the new owner. Investment Potential: This 4-bed HMO represents a fantastic opportunity for both seasoned investors and those looking to enter the lucrative HMO market. With a strong rental yield, minimal void periods, and high demand in the area, this property is perfectly positioned to deliver consistent returns. Don't miss out on this exceptional investment. Contact us today to arrange a viewing and secure this high-yielding HMO in Wellingborough!

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£753 per month
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Mortgage and legal costs:
£999
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