REF 4437
INVESTMENT
£1,000,000
GROSS YIELD
XX%
ANNUAL RENT
£XX,XXX
This 18-bedroom HMO at South Road, Weston-Super-Mare, represents a lucrative investment opportunity. The property generates a monthly rental income of £10,800, equating to £129,600 annually, with a gross yield of 12.96%. After operating costs, including utilities, cleaning, and insurance, the net income stands at £7,070 per month, resulting in a net yield between 8.48% and 9.78%. Fully let to professional tenants under multi-tenancy AST agreements, the property maintains a 100% occupancy rate. Management is self-handled, with a fee of 10%.
This end-of-terrace, freehold block spans five storeys and is constructed of stone. It features 18 double rooms, five shared bathrooms, and four communal kitchens, providing ample living space for the tenants. The property is in good condition and benefits from gas central heating. It also includes off-road parking for six vehicles and a rear garden, adding further appeal to tenants. The HMO is licensed for 20 occupants, with the current license valid until March 2027. Its size, location, and features make it a highly attractive rental property.
Located in Weston-Super-Mare, this property benefits from strong rental demand due to its proximity to local amenities and excellent transport links. The area offers significant capital growth potential, and the property’s desirable location ensures consistent tenant interest. This makes it an ideal option for investors seeking a high-yield, long-term investment in the South West region.
*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.
The fee charged to the buyer in addition to the purchase price.
The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is -- then the balance due on completion is £1,000,000.
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