Super 22 Unit All Ensuite HMO

This 22-unit all ensuite HMO in Church Street, Wellington, Telford, offers a prime investment opportunity priced at £1,500,000. With an impressive gross yield of 8.33% and annual rent of £125,004, it provides strong financial returns. The property is fully tenanted under a new 10 year FRI lease, ensuring steady income. The net yield is also 8.33%, with minimal operating costs.

The property spans 3,380 sq ft and includes 22 double ensuite rooms, each with its own kitchenette. There are three communal kitchens, a rear garden, and parking for seven cars. Constructed from brick and tile, it features full double glazing and gas central heating. The building is in excellent condition, offering a hassle-free investment with no additional refurbishment required.