4 Bedroom HMO

Pure Investor brings to the market this 4-bedroom, mid-terraced property situated in Northwich, Cheshire. The property is set up as an HMO but due to it being a 4 bedroom property located in a non-article 4 area an HMO licence is not required. Every room is fully let, and collectively the property is producing a rental return of £2,340pcm.

Rooms are let to working professionals and the property has benefited from close to 100% occupancy rate since the refurbishment (full refurbishment which cost in excess of £70,000.00). The results are a beautiful living space for tenant with fantastic communal areas, along with fully furnished, modern bedrooms and stylish bathrooms.

The recent refurbishment has allowed the vendor to significantly upgrade the property, which now fully embraces modern-day 'co-living' requirements. These new format HMO properties are designed to cater for the increasing demands of modern-day young professionals, thereby allowing investors to capitalise on the higher possible rentals and yields on offer.

Royal Street - Investment Information
Full Address: 7 Royle Street, Northwich, Cheshire CW9 7AJ
Asking Price: £275,000.00
Number Of Bedrooms: 4
Number Of Bathrooms: 1
Tenure: Freehold
Sqft: 1,200
Garden Space: To the rear
HMO Licence: Not required (4-bedroom property/non-Article 4 area)
Fully Let: Yes

4 Bedroom HMO - Key Points

Location

Northwich, United Kingdom