Super 5 Bed All Ensuite Professional HMO

This mid-terrace property presents a compelling investment opportunity within the HMO market, boasting strong financial metrics. Currently fully tenanted, the property generates an impressive gross rental income of £49,200 per annum, equating to a gross yield of 9.37%. With an occupancy rate of 100% over the past year, it has secured a net monthly income of £3,189 after expenses, which includes management fees, utilities, and operating costs. The multi-tenancy setup with professional working tenants ensures a stable and reliable rental income, while the existing HMO license, valid until January 2029, allows for continued rental operations with five licensed units.

Key features of this property include five double ensuite bedrooms, with each room providing private bathroom facilities, ensuring enhanced comfort and convenience for tenants. The property spans 1,108 square feet across two storeys and is constructed from brick and tile. Amenities such as a single kitchen and a communal reception room enhance the living experience for residents. Both front and rear gardens offer outdoor space, while full double glazing and gas central heating contribute to energy efficiency and comfort. The absence of on-road parking may be a consideration, but the location’s amenities and transport links compensate for this aspect.

Situated in the Royal Borough of Greenwich, this property benefits from an enviable location with excellent transport links to central London. The area's vibrant community features numerous shops, restaurants, and recreational facilities, making it an attractive choice for working professionals. Local parks and green spaces further enhance the living environment, promoting a balanced lifestyle. With easy access to public transport, including buses and nearby train stations, this property is ideally positioned to appeal to tenants seeking the convenience of urban living intertwined with quality amenities and community charm.