Brand new 7 bedroom HMO package deal

Location: Alfreton, Derbyshire
Price: £360,000
Rent: £3,850 pcm

An opportunity to secure a new HMO which is due for completion in July 2024. Although this is essentially an off-plan purchase, you will only be asked to exchange and complete once the property is fully tenanted, furbished and licenced. Based on a projected income of £550 pcm per room, there is a gross annual income of £46,200 on offer.

*note that images are taken from a recent project from the same developer and used to outline expect spec.

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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