Sold STC

Minerva Way, Wellingborough, Northamptonshire

Offers In Excess Of £165,000

42

Key Information

Tenure:Not available
Council tax band:A
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Description

Exceptional Investment Opportunity: Spacious 4-Bed HMO in Wellingborough Generating Over ÂŁ1,700 PCM

Attention landlords and investors! Presenting a fantastic opportunity to acquire a fully operational 4-bedroom HMO in the desirable town of Wellingborough. This property is currently generating an impressive gross rental income of over ÂŁ1,700 per calendar month, making it a highly lucrative addition to your portfolio with a gross yield of over 12%

**Key Features:**

- **Four Well-Proportioned Bedrooms**:

- **Modern Communal Areas**: The property boasts a spacious, fully equipped kitchen and a comfortable dining area, ideal for tenants to relax and socialise.

- **Prime Location**: Situated in an area of Wellingborough within easy reach of local amenities, including shops, restaurants, and public transport links, ensuring high demand from potential tenants.

- **Strong Rental Yield**: With gross rental income exceeding ÂŁ1,700 PCM, this HMO offers an attractive return on investment, with scope for further growth in rental income.

- **Fully Compliant**: The property meets all necessary HMO regulations, providing peace of mind to the new owner.

**Investment Potential:**

This 4-bed HMO represents a fantastic opportunity for both seasoned investors and those looking to enter the lucrative HMO market. With a strong rental yield, minimal void periods, and high demand in the area, this property is perfectly positioned to deliver consistent returns.

Don't miss out on this exceptional investment. Contact us today to arrange a viewing and secure this high-yielding HMO in Wellingborough!

Viewings not available

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ868 /mo.25 Years, 5% Interest
Loan
ÂŁ148,500
Total Repay
ÂŁ260,435

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0

We work with several brokers in order to help find the best product to suit your requirements. By submitting an enquiry you agree to us passing your details on to the broker we believe would be best for your circumstance based on the information provided.

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