This is a little unusual for us, but we are happy to draw it to the attention of anyone who may be interested in a larger property which has the capacity to hold 7 units as a HMO (House of Multiple Occupation).
This is offered for sale at offers around £495k but we are told it could be had for £475k, and the vendor would prefer to sell it as a going concern with tenants in place, currently achieving £3300 PCM in total, which equates to £39,600 per annum or 8.3% yield if bought at the lower price. Our friends at Christopher Rose estate agents will be happy to talk to you further about this, but it is not something we are insured or able to manage on behalf of the new owner so you would have to make your own arrangements for future management of this.
The details of this property have already been forwarded to our many subscribers who are currently looking for such an investment. If you are one of the hundreds of other potential investors reading this blog daily, why not take the next step and give us a call to see how we could assist you in your search for potential investment properties - or to ask about our thoughts on your own choices - call us now on 01908 562582 to see how we can help, or send us an email.
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| miltonkeynes.enquiries@belvoirlettings.com |
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