Eign Road, Hereford, HR1 2RY
Size: sqm
Purchase price
£440,000
Size: sqm
Tenanted
Gross rent | £42,600 |
Lettings fees | £5,112 |
Net income | £30,120 |
Gross yield | 9.68% |
Net yield | 6.85% |
Yieldit are proud to present this fantastic HMO, already fully tenanted and licensed, producing a fantastic yield, with an experienced management company already in place meaning this property ticks all of the boxes for a truly fantastic investment. The property is modern and well-presented throughout, compromising entrance hallway; two communal kitchens with appliances ; eight double bedrooms; three bathrooms; utility room with white goods; rear yard.
Eign Road is perfectly positoned in the highly sought after St James neighbourhood which is to the east of central Hereford. Hereford is a beautiful cathedral and historic city which offers independent shops, riverside strolls and a vibrant cultural offering. Eign Road is just a short walk from the city centre, hospital and the train station meaning this property will always be in high demand amongst renters due to it’s prominent and ideal location.
Hereford is the main business and commercial hub for Herefordshire and is home to population of over 60,000 people, meaning there will always be demand for high quality rental accommodation. Hereford town centre is set to benefit from a multi-million-pound investment which will revitalise historic buildings, improve public spaces and create a vibrant place for locals, businesses and visitors which will only add to the desirability of the area. These regeneration plans are also creating more jobs, attracting more people to the area and in turn, increasing the demand for rental accommodation, making now a great time to invest in Hereford!
OUSTANDING INVESTMENT YIELDING NEAR 7% NET! Fully licensed and tenanted high quality HMO within walking distance of the city centre.
Interested in this property? Enquire today for more information
Key features
Excellent ready made investment property
Fully licensed and tenanted HMO
Eight double bedrooms
Two kitchens and three bathrooms
Freehold
In good decorative condition throughout
Sought after neighbourhood
Within walking distance of the city centre
Freehold
OUSTANDING INVESTMENT YIELDING NEAR 7% NET! Fully licensed and tenanted high quality HMO within walking distance of the city centre. More info... Less info...
Yieldit are proud to present this fantastic HMO, already fully tenanted and licensed, producing a fantastic yield, with an experienced management company already in place meaning this property ticks all of the boxes for a truly fantastic investment. The property is modern and well-presented throughout, compromising entrance hallway; two communal kitchens with appliances ; eight double bedrooms; three bathrooms; utility room with white goods; rear yard.
Eign Road is perfectly positoned in the highly sought after St James neighbourhood which is to the east of central Hereford. Hereford is a beautiful cathedral and historic city which offers independent shops, riverside strolls and a vibrant cultural offering. Eign Road is just a short walk from the city centre, hospital and the train station meaning this property will always be in high demand amongst renters due to it’s prominent and ideal location.
Hereford is the main business and commercial hub for Herefordshire and is home to population of over 60,000 people, meaning there will always be demand for high quality rental accommodation. Hereford town centre is set to benefit from a multi-million-pound investment which will revitalise historic buildings, improve public spaces and create a vibrant place for locals, businesses and visitors which will only add to the desirability of the area. These regeneration plans are also creating more jobs, attracting more people to the area and in turn, increasing the demand for rental accommodation, making now a great time to invest in Hereford!
Freehold
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £42,600 |
Lettings fees | £5,112 |
Net income | £30,120 |
Gross yield | 9.68% |
Net yield | 6.85% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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yieldit is a company registered in England and Wales. Registered number: 11547318.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.