- Ideal Investment Opportunity (HMO)
- Six Bedrooms
- Six En-Suites
- Town Centre Location
- Fully Renovated
- iHelios Smart Heating System Present
- Generating 36,600 Annual Income
GUIDE PRICE £375,000 to £400,000
Welcome to Herbert Street, a fantastic investment opportunity in the heart of Loughborough. This 6 bedroom house of multiple occupancy (HMO) presents an excellent chance for those seeking a property with an impressive annual income of £36,600, generating around a 9.15% gross annual yield. This property is sure to attract a consistent and reliable tenant base. Don't miss out on the chance to acquire this excellent investment in the thriving town of Loughborough.
The property benefits from an iHelios infrared heating system located in the ceiling and is controlled via an app. There are many benefits of infrared heating, such as maximising wall space as no radiators are present which can decrease the chance of condensation build up.
The property has just undergone complete renovation and has been finished to an impeccable standard. As you step inside this charming residence, you will immediately notice the well-maintained interiors and the abundance of natural light that floods the property. The fully-fitted kitchen boasts modern appliances, ample storage, and generous countertop space, making it an ideal place for tenants to prepare and enjoy their meals together.
Each of the six bedrooms are generously proportioned and comes fully furnished, ensuring tenants have a comfortable and private living space. Each bedroom benefits from a private ensuite with a shower cubicle, hand wash basin and W.C, ensuring convenience for each tenant.
Herbert Street's location adds to its appeal as an investment property. Situated in the heart of Loughborough, it enjoys close proximity to local amenities, including shops, restaurants, and entertainment venues.
The property is currently let to working professionals only and each room achieves the following income:
Room 1: £530pcm
Room 2: £500pcm
Room 3: £490pcm
Room 4: £500pcm
Room 5: £500pcm
Room 6: £530pcm; Council Tax Band: B
Council Tax BANDS
£130.69 per month
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