Tenanted HMO Producing £28,596pa

Location: Kettering, Northamptonshire

Price: £300,000

Discount: Included

This 5 bed HMO is fully licensed and has been fully operational for several years. Known occupancy rates since Jan 2020 have been circa 95% and all the tenants are in full time employment.

The town centre and hospital are both within walking distance. This is a good opportunity for someone to secure their first HMO or to add to an existing portfolio.

HMOs under 6 beds are generally easier to finance if it’s your first one.

We can help put you in touch with brokers and lenders who have recently worked with us on similar properties in the area to help make life easier.

Wecan also arrange for professional management of the property with the existing agent.

 

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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.