HMOs for Sale
23 Prospect Road, Ossett, WF5 8AF SSTC
5 2 1
£225,000 Asking Price House of multiple occupation for sale
Description
Introducing this 5 bed 2 bathroom well established HMO in Ossett, West Yorkshire, now available for purchase. Renovated within the last few years and well maintained since, this property offers it's next investor a stable investment opportunity. Fully tenanted and a managing agent in place, the property provides peace of mind and reliability. Consisting of 5 bedrooms, 2 bathrooms, a newly renovated kitchen/diner with a TV. As well as an updated driveway with space for 1 car, a garage for additional storage and a well kept garden, offering additional socialising space for its residents.
Well connected to local transport, the nearest bus stop is a minute's walk from the property. Surrounded by a number of local businesses, providing a selection of shops, cafes, restaurants and other leisure facilities. Wakefield centre can be accessed by car in just 12 minutes and offers tenants a wider choice of work and recreational facilities. Slightly further afield, Leeds is just 22 minutes by car or 45 minutes via public transport, as well as Bradford which is 35 minutes by car, further widening the economic opportunities available for tenants.
Income;
Room 1 £475 / Room 2 £450 / Room 3 £450 /
Room 4 £475 / Room 5 £465
Total; £2,315.00 PCM / £27,780.00 PA
Expenditure;
Gas/Electric £295 / Water £39/ Council Tax £126 /
TV License £13 / Broadband £39 / Cleaner £30 / Management £150
Total; £692 PCM / £8,304.00 PA
Gross Yield: 12.35%
Additional Details
- Bedrooms: 5 Bedrooms
- Bathrooms: 2 Bathrooms
- Garages: 1 Garage
- Parking Spaces: 1 Parking Space
- Buyer Fee: 2.00% + VAT
- Tenure: Freehold
- Council Tax: £1,464 / year
- Council Tax Band: B
- Rights and Easements: Ask Agent
- Risks: Ask Agent
Features
- 5 Bed 2 Bathroom HMO
- Fully Tenanted
- Managing Agent In Situ
- Gross Income £27,780.00 PA
- Gross Yield 12.35%
- 2% Plus Vat Buyer's Fee
Enquiry
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