Aug 13 • General discussion
Second great HMO
🏠 6 Bed Property
Location: Sutton Road, Kidderminster, DY11 6QN
Asking Price: £230K
Ownership: Freehold
Status: Tenanted
Strategy: HMO
Configuration: 6 Bedrooms, 6 En-suites (Semi-Detached / End Terrace)
💰 Rental Income
- Room 1 Rent = £458
- Room 2 Rent = £525
- Room 3 Rent = £450
- Room 4 Rent = £485
- Room 5 Rent = £500
- Room 6 Rent = £500
- Total Monthly Rent: £3,008
- Total Annual Rent: £36,096
📊 Investment Figures
- Net Yield: 12.7%
- Seller to cover essential maintenance costs
- Additional allowance of £5k for redecoration
✅ Key Points
- Fully tenanted, income-producing HMO
- All rooms have En-suite facilities
- Off-market opportunity with strong yields
- Immediate cash flow potential
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Second great HMO
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