Queen Street

Pure Investor is delighted to bring this four-bedroom, two-bath HMO property for sale in Pontefract. The property offers buyers an instant income as every bedroom is currently tenanted and generating around £23,460 per annum. Due to the property not being situated in an Article Four area, there is no need for an HMO license to be in place. Boasting a gross yield of 12% this property is one not to be missed.

The property consists of a double bedroom downstairs, dining, communal areas, and a kitchen to the rear. On the first floor are two double bedrooms, one with an ensuite to the front of the property room and a family bathroom to the rear. The largest bedroom is located in the loft, which has an ensuite.

Investment Information

• Asking price: £195,000.00
• Gross Rental Income: £23,460
• Gross Yield: 12.0%

Outgoing Costs

• Gas: £105.00pcm
• Electric: £105.00pcm
• Water: £45.00pcm
• Broadband; £36.00pcm
• Council Tax: £135.00pcm
• TV Lic: £33.00pcm
• Cleaner: £60.00pcm

• Total Outgoing Costs: £6,228.00 per annum
• Net Rental Income: £17,232.00
• Net Yield: 8.8%

* The above figures do not include management fees as these can vary.

Additional Information

• 4 Bedrooms
• 2 Bathrooms with 1 ensuite
• No need for an HMO licence as not in an Article 4 area
• EPC Rating: D

Queen Street - Key Points

Location

Pontefract , United Kingdom