Standout Features
- Six bedroom HMO
- Investment opportunity
- £36,720 gross rent pa
- 8.16% yield
- Going concern
- Excellent location for city and WSA
- Detached property
- Fully furnished and equipped
- Unbroken lettings record
- Spacious 1140 sq feet
Property Description
Investment opportunity: Six bed HMO on Imber Road, Winnall. Fully let since its conversion to HMO in 2016. Detached property with a generous 1,140 sq feet of living space. Six furnished bedrooms. Family bathroom and a ground floor shower room with second WC. Well located to appeal to students of the University of Winchester and the expanding Winchester School of Art. Equally given proximity to the city and various employment in Winnall also appeals to working sharers.
Requires re-configuration to maintain compliance with HMO room sizing regulations before next HMO Licence. We can advise on options and cost.
Current income = £3,060 pcm / £36,720 pa gross rent = 8.16% gross yield
Additional Information
Tenure:
Freehold
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Imber Road, Winnall , Winchester
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