Under Offer

Super 10 Bed Professional HMO

Frairn Street, Bridgwater, TA6

Asking price
£TBC
Gross yield
TBC
Bedrooms
10
Bathrooms
8
Occupants
10

Overview

InvestmentTBC
Gross£72.3K/12.1%
Net£70.1K/11.7%
RegionSouth West
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyMulti Tenancy (AST)
LicenseN/A
Bedrooms10
Bathrooms8
Occupants10

Description

The property presents a remarkable investment opportunity within the UK HMO market, boasting a gross rental yield of 12.05%. With annual rental income of £72,300 and a net management cost of £5,944, the property ensures a healthy return on investment. The current occupancy rate is fully let with a tenant mix primarily consisting of professionals on multi-tenancy agreements, indicating strong rental demand in the area. It operates efficiently with low operating costs, making it an attractive asset for investment without compromise on profitability.

This end-of-terrace house features 10 double bedrooms, five of which are equipped with ensuite bathrooms, ensuring a level of comfort and privacy that appeals to tenants. The communal layout includes a shared kitchen and dining area, fostering a welcoming atmosphere that encourages interaction among residents. The property is fully refurbished and in good condition, with gas central heating and double glazing throughout. Additional benefits include a shared bathroom for the remaining rooms and a separate WC, enhancing convenience for all occupants. The rear garden offers outdoor space that is ideal for relaxation. Located across three storeys, this HMO caters to professional tenants looking for quality accommodation in a well-maintained setting.

Situated in a desirable location in Bridgwater, the property benefits from good transport links, making it accessible for commuting professionals. The area showcases a vibrant community atmosphere, complemented by local amenities including shops, restaurants, and recreational facilities, enhancing the overall appeal of the HMO. The strong local rental market, along with continual capital growth potential, makes this property a compelling choice for investors looking to capitalize on the rising demand for quality housing in South West England.

Highlights

Fully Refurbished
Strong Rental Demand
Capital Growth Potential
Transport Links
Shared Kitchen
Dining Area
Double Glazing
Gas Central Heating

Financials

MonthlyAnnual
Gross Rent£6,025£72,300
Utilities£180£2,160
Net Rent£5,845£70,140

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£420,000
Deposit
£180,000
Monthly Payment
£2,579
Repayment
Est. Rent / mo
£6,025

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property Type
House
Sub Type
End Of Terrace
Tenure
Freehold
Construction
Brick & Tile
Condition
Good
Heating
Gas Central Heating
Double Glazing
Full
No Storeys
3
Garage
None
Garden
Rear
Parking
None
No Parking spaces
0
Listed Building
No
Current EPC Rating
N/A
Potential EPC Rating
N/A
Sq Ft
N/A

Management

HMO Management Type
N/A
Monthly Management
£0
Management Rate
N/A

Management Notes

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant type
Professional
Tenancy Type
Multi Tenancy (AST)
12 Month Occupancy
100
Occupancy
Fully Let
No of Units
10
No of Occupants
10
TypeOcc.StatusAmount
1. Double Room / Ensuite—Let£650
2. Double Room—Let£550
3. Double Room—Let£550
4. Double Room—Let£550
5. Double Room / Ensuite—Let£650
6. Double Room / Ensuite—Let£650
7. Double Room / Ensuite—Let£675
8. Double Room—Let£550
9. Double Room—Let£550
10. Double Room / Ensuite—Let£650
Total—£6,025

Operating Costs

Gas
N/A
Water
N/A
Wifi
N/A
Electric
N/A
Cleaner
£80
TV license
N/A
Insurance
£100
Council Tax
N/A
Total£180

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

HMO License Required
N/A
HMO License Type
N/A
HMO License in Place
N/A
HMO License Expiry
N/A
HMO Licensing Cost
N/A
No of Persons
10
Units of Accommodation
10
Authority
Bridgwater, Council
Authority URL
N/A
Planning Use Class
N/A

Floorplans

Floorplans will be available soon

Virtual Tour

Virtual tour will be available soon

Contact us to arrange a viewing

Map

Loading map...

Sign up to explore the interactive map

Frairn Street, Bridgwater, TA6· TA6 3LH

Unlock Full Property Details

Sign up to access detailed financial analysis, market insights, and investment highlights for this property.

Free to join • No commitment