Tenure: Freehold
Attention Investors! Venmores Estate Agents are delighted to present to the sales market this six bedroom HMO on Ferndale Road.
Offering a lucrative investment potential, this property promises a gross return of £31,680 per annum, delivering an impressive gross yield of 10.5%.
As you step through the welcoming entrance hall, you are met with access to two generously sized double bedrooms. The ground floor also features a convenient downstairs WC and a spacious open-plan lounge-diner kitchen. This well-appointed kitchen comes complete with integrated appliances.
Ascending to the first floor, you'll find four additional bedrooms. The property is further complemented by a stylish three-piece family shower room and an additional shower room, ensuring convenience and privacy for all residents.
Externally, the property boasts a generous paved yard, providing an ideal low-maintenance outdoor space.
Currently vacant, this HMO is ready to generate substantial returns, making it an excellent addition to any investment portfolio. With its prime location and high yield potential, this property won't stay on the market for long. NO CHAIN.