Coapt are delighted to present this exceptionally lucrative investment opportunity. Recently refurbished to a high standard, this substantial 8 bedroom HMO is let agreed until August 2026, returning a yield in excess of 9% per annum with a current rental income of £65,315.

Situated on the lower portion of Auckland Drive, this detached three story property standards apart and is well separated from other dwellings on the road, further benefiting from a private driveway. The property has most recently operated in the student rental market, consistently securing competitive rental sums year on year owing to its excellent location and high specifications. This investment offers secure long term returns, as well as diversity in strategy options as the site appeals to a broad range of tenant types.

As well as a full National HMO licenses held, the property also holds a certificate of lawfulness, confirming right of continued use as a large HMO (Sui Generis). All eight bedrooms are attractive and each have an en-suit bathroom in addition to the expansive communal spaces on the ground floor, including a large kitchen/diner and separate living and study room.

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