Super 8 Bed Pro HMO

This property in Poole presents an exceptional investment opportunity within the HMO market, boasting a gross rental yield of 10.64%. The property is fully tenanted with all eight ensuite double bedrooms occupied by professional tenants, ensuring high demand. With a monthly rental income of £5,765, the net yield stands at 8.79% after accounting for operating costs of approximately £1,006. The current tenancy type is multi-tenancy under Assured Shorthold Tenancies (AST), and the property is managed on a self-managed basis, enhancing return on investment due to lower management fees, set at 12%.

The semi-detached property spans 1,872 square feet over three storeys and includes eight ensuite double bedrooms that provide ample personal space and privacy for tenants. The communal areas include a shared kitchen and dining space that encourages a community atmosphere, while additional highlights such as gas central heating and full double glazing ensure a comfortable living environment. The property also benefits from a front and rear garden, adding outdoor space for tenants, although on-road parking is the only option available. Constructed from brick and tile, the property is in good condition and is compliant with HMO regulations, featuring a fully managed HMO compliant fire alarm system.

Located in the desirable area of Poole, this property enjoys proximity to a range of amenities and transportation links, making it very appealing to prospective tenants. Public transport options are readily accessible, facilitating easy commutes for working professionals. The region benefits from strong rental demand, with local attractions and services contributing to a vibrant community. This prime location supports capital growth potential, particularly attractive for investors aiming to capitalise on the rising demand for quality HMO accommodations.