Hebble Street

Pure Investor brings to the market this 8-bedroom HMO property for sale. The property can be found in Fartown which is 0.6 miles (1 km) north of Huddersfield town centre. Fartown has a good range of local amenities and schooling close by as well as a good bus service. The property itself is well-finished throughout and has been popular with tenants. The property is laid out over three floors and has spacious rooms throughout.

INVESTMENT INFORMATION

• Asking price: £350,000
• Current gross rental income: £46,800
• Current rental split: 6 x £500pcm (ensuite rooms) & 2 x £450pcm (shared bathroom)
• Gross yield: 13.3%
• Outgoing costs
• Yorkshire water: £191pcm (£2,292 annual)
• Kirklees council tax: £125pcm (£1,500 annual)
• Gas and electric: £152pcm (£1,824 annual)
• Insurance: £96.70pcm (£1,160.40 annual)
• Cleaning service: £80pcm (£960 annual)
• Management fee at 10%: £390pcm (£4,600 annual)
• Total: £1,034.70pcm (£12,336.40 annual)
• Net income: £2,865.30pcm (£34,383.60)
• Net yield: 10%
• 8-bed HMO license in place which was granted in October 2023.
• 6 bedrooms have ensuite and 2 bedrooms share a bathroom. 

Hebble Street - Key Points

Location

Huddersfield, United Kingdom