Welcome to Newfoundland Road a beautiful five bedroom HMO being sold with tenants in-situ for both 2023/2024 & 2024/2025 Academic Year.
A perfect investment located in the desirable Heath area, boasting a wonderful open plan kitchen living space this property is a turn key investment for those looking top start or add to a portfolio. The five bedroom HMO is currently let for the current academic year and has been relet for 2024/2025 Academic year.
As you enter the property on the right hand side is the first double bedroom which features the original high ceilings and the bay window which is position perfectly down the central garden of the adjoins street. Towards the rear of the property is a large open plan kitchen dining area which maximises the space for tenants to enjoy cooking and living in the property. The garden is completely paved and offers a large garden space for those looking to use it for outside dining.
As you make your way up the stairs to the rear of the property is a double bedroom with a built in wardrobe. There are two bathrooms which both have a shower and toilet. Further down the hallway are the three further bedrooms, these all offer built in wardrobes and high ceilings.
The current rental income of the property is £2150 Per calendar month not including bills. This will be rising to £2400 per calendar mon not including bills for academic year 2024 / 2025.