8 bedroom hmo

Eign Road, Hereford, HR1 2RY

Size: sqm

Purchase price

£440,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Excellent ready made investment property

Key features

Fully licensed and tenanted HMO

Key features

Eight double bedrooms

Key features

Two kitchens and three bathrooms

Key features

Freehold

Key features

In good decorative condition throughout

Key features

Sought after neighbourhood

Key features

Within walking distance of the city centre

Key features

Freehold

OUSTANDING INVESTMENT YIELDING NEAR 7% NET! Fully licensed and tenanted high quality HMO within walking distance of the city centre. More 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!

  • Key features
    Tick Desktop Excellent ready made investment property
    Tick Desktop Fully licensed and tenanted HMO
    Tick Desktop Eight double bedrooms
    Tick Desktop Two kitchens and three bathrooms
    Tick Desktop Freehold
    Tick Desktop In good decorative condition throughout
    Tick Desktop Sought after neighbourhood
    Tick Desktop Within walking distance of the city centre
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
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.