
5 Bedroom Mid Terraced House, Chester
Offers In Region Of £290,000
Features
5
2
1
- Freehold
- Floor area: 0.00sq ft
- 5 Bedroom HMO with license in place
- 2 Bathrooms
- On street parking
- Currently generating a gross income of £37,100
- Gross yield of 12.8%
- Long established rental property
Location
Brookside Terrace
Property details
This attractive 5-bedroom student home is a fantastic investment opportunity, with a gross income of £37,100 per annum which represents a gross yield of 12.8%. Situated just a short walk from Kingsway Campus and the vibrant Hoole High Street, this property is ideal for an investor wanting an immediate return on their investment.
This established 5 bedroom HMO which has a current HMO license in place currently generates a gross income of £37,100. The property comprises of: Entrance hallway, shared communal living room, 2 bathrooms, kitchen, 5 bedrooms with patio to the rear. There is on street parking.
Current Rental Income:
- Room 1 - £145 per week / £628.33 per month
- Room 2 - £140 per week / £606.67 per month
- Room 3 - £145 per week / £628.33 per month
- Room 4 - £145 per week / £628.33 per month
- Room 5 - £140 per week / £606.67 per month With demand for student properties in this area consistently strong, this is an excellent opportunity for investors looking for an immediate return on the their investment.
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Thomas Property Group
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