Description

5 Bedroom HMO with en-suites + Sold with no Chain + Guaranteed Rental Income of £12,480 p/a + EPC Rating C + Excellent Investment opportunity + Town Centre Location + Private Car Park to Rear + Buyer’s Premium Applies + *INVESTORS ONLY – SOLD WITH TENANTS IN SITU* This is a rare opportunity to purchase a 5 bedroom HMO in Scunthorpe Town Centre which comprises two residential properties converted into one building, which has undergone significant investment and is finished to a very high standard. Are you an investor looking for a 100% guaranteed rental income 365 days a year? This could be the perfect property for you! This property is the perfect “turn key” investment with an assured monthly rental income and in addition you will have peace of mind that any disrepair caused by the tenant will be repaired by the housing association and will not cost you a penny. Key Features: Spacious Layout: Each room is a double bedroom featuring it’s own private en-suite bathroom. Sitting Tenants: The property is available with sitting tenants under a secure lease with a local housing association. Guaranteed Income: Investors can benefit from a guaranteed rental income of £1,040 per calendar month. Ideal Location: Close to local amenities, schools, and public transport links, enhancing the property’s appeal to potential tenants. Investment Highlights: Secure Lease with Local Housing Association: Provides peace of mind for investors with guaranteed rental income. High Demand Area: Scunthorpe is known for its strong rental market, ensuring continued interest from prospective tenants. The property also benefits from a private car park at the rear, with up to 5 car parking spaces in total. For more information or to schedule a viewing, please contact the BRH sales team. This property won’t stay on the market for long! *A buyer’s premium of 1% + VAT, (subject to a minimum of £2995+ VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see ‘Buyer’s Premium’ page on our website for more information.

Details

Bedrooms
5
Purchase Price £
179995
ROI %
22.00
Cashflow(PCM) £
949
Updated on March 5, 2025 at 5:30 am

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propertydealstrategies.co.uk
  • propertydealstrategies.co.uk
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Address

  • Address DN156PB
  • Zip/Postal Code DN156PB
  • Area Scunthorpe

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