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Available

14 8 HMO

Features

Possible Income of £84,600
14 Bedrooms
Prominent City Centre Location
Rare Investment Opportunity

Summary

A rare opportunity to acquire a 14 bedroom freehold HMO broken down into two adjoining buildings with an annual yield of approximately £84000+ in a Worcester City Centre location.

Description

ODOS Properties & Partners are proud to present this 14 bedroom HMO in Worcester City Centre that could generate an income of £84,000+ per annum. In brief, the property comprises of 14 double bedrooms (4 of which have en-suite bathrooms). 3 Kitchens / dining areas, 4 lounges and a further 4 shower rooms.

The new rental valuation as of 29/02/2024 have proposed the following values;
£495pcm for standard rooms,
£525pcm for ensuite rooms.

This could generate £84,600 per annum.

The property is located in a prominent position in Worcester City Centre, just a short walk from Worcester Foregate Street Station, The Bus Station and the abundance of amenities within a close proximity, making it perfect for Students. The HMO's are spread across two adjoining properties with separate entrances, one of which gives access to 8 bedrooms with suitable communal areas, the other entrances gives access to 6 bedrooms with suitable communal areas.

Viewings are strongly advised to appreciate the potential that this HMO offers.

Floorplans available upon request. For more information contact ODOS Properties & Partners.

Additional Details

Tenure: Freehold

Map

EPC Charts

Please Note Every attempt has been made to ensure accuracy, however, all measurements are approximate and for illustrative purposes only. Not to scale. In accordance with The Consumer Protection from Unfair Trading Regulations 2008 the following particulars have been prepared in good faith and they are not intended to constitute part of an offer or contract. Odos Properties & Partners have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures and fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. These details are issued on condition that all negotiations are conducted via Odos Properties & Partners.

Mobile Coverage

Indoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.
Outdoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.

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ODOS Properties - Headquarters 01531 825736