Exciting 10-Bed HMO Investment Opportunity – Prime Location, Full Renovation Underway

Being sold via Secure Sale online bidding (Auction) - Terms and Conditions Apply - Starting Bid £390,000

Welcome to this outstanding development opportunity – a substantial property currently undergoing transformation into a high-yielding 10-bedroom HMO. Perfectly suited for the savvy investor or developer, this project presents the chance to create a premium shared living space in a sought-after area.
Spanning multiple floors and offering expansive internal space, the property retains much of its original character while providing the perfect canvas for a contemporary, high-spec refurbishment. With planning underway and structural works already in progress, this property is poised to deliver excellent returns upon completion.

Key Features
• 10 Spacious Bedrooms: Ample natural light pours into each room through large sash-style windows, enhancing the sense of space and highlighting the potential for stylish, modern finishes. All 10 bedrooms include their own en-suite bathroom.
• Development in Progress: The property is currently in progress with visible new structural supports, exposed brickwork, and partially boarded floors, offering a raw insight into the scale and layout of this ambitious project.
• Characterful Architecture: Charming period features such as pitched ceilings in the loft, original brickwork, and solid timber beams evoke timeless appeal and add value to a contemporary retrofit.
• Large Communal Areas: Generous open-plan spaces on the lower levels provide room for a communal kitchen/lounge, utility facilities, and co-living social zones. Gardens surround the property which also includes an outbuilding/garage.
• Ideal for Professionals or Students: With high local rental demand, this HMO is ideal for accommodating tenants seeking comfortable, well-located, and stylish shared living.

Investment Potential
With a full 10-bed HMO conversion, this property is positioned to generate strong rental yields and long-term capital growth. The size and scale of the building lend themselves perfectly to en-suite bedrooms or modern shared bathroom setups, depending on layout preferences.

Location Highlights
Located a stone’s throw from the award-winning Lowestoft South Beach, the property offers easy access to local amenities, public transport links, schools/colleges, and the town centre. Whether targeting student renters or young professionals, the demand for high-quality shared accommodation in this area continues to grow.

Please Note: This property is being sold via Secure Sale online bidding (Auction) - Terms and Conditions Apply
Please see following link for more details: https://www.pattinson.co.uk/auction or call Steel & Co.

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