Cottage Beck Road, Scunthorpe DN16 1LQ
Size: sqm
Purchase price
£130,000
Size: sqm
Tenanted
Gross rent | £22,798 |
Lettings fees | £2,736 |
Net income | £12,340 |
Gross yield | 17.54% |
Net yield | 9.49% |
This fantastic example of a HMO is an ideal investment choice, already fully licensed and occupied this investment can generate you an impressive high return right from completion. The property consists of five double bedrooms, each furnished with double bed, wardrobe and a chest of drawers. The kitchen is modern and newly fitted complete with all appliances. Bathrooms include a spacious four-piece bathroom and separate downstairs shower room with toilet. To the rear is an enclosed rear yard and ample on street parking is available.
Cottage Beck Road is ideally located within walking distance of the town centre which offers a range of shops and food establishments. The town benefited from a £10million development fund to redevelop their high street, improve their public spaces and create a huge enterprise and innovation hub for budding new businesses. Scunthorpe has strong transport links to Doncaster, Cleethorpes and is only a 45-minute journey into Lincoln and the same distance to the coast.
Scunthorpe is an industrial town in North Lincolnshire, it is Lincolnshire’s third most populated area with a population in excess of 80,000. North Lincolnshire has an established manufacturing sector and is known for being an engineering centre of excellence which plays a significant role in the local economy and ensures a steady demand for rental properties. Scunthorpe has made iron for more than 150 years and is the base of world leading companies such as British Steel, one of Europe’s leading steel manufacturers creating employment opportunities.
ATTENTION INVESTORS - HIGH YIELDING FULLY OCCUPIED HMO! Excellently located five bedroom freehold HMO generating an impressive return, don't miss out and enquire today.
Interested in this property? Enquire today for more information
Key features
Excellent investment opportunity
Fully occupied and licensed HMO
Five bedrooms
Fully fitted kitchen with appliances
High yield
Management company in place
Freehold
Two bathrooms
Enclosed rear yard
Enquire today for further details
Freehold
ATTENTION INVESTORS - HIGH YIELDING FULLY OCCUPIED HMO! Excellently located five bedroom freehold HMO generating an impressive return, don't miss out and enquire today. More info... Less info...
This fantastic example of a HMO is an ideal investment choice, already fully licensed and occupied this investment can generate you an impressive high return right from completion. The property consists of five double bedrooms, each furnished with double bed, wardrobe and a chest of drawers. The kitchen is modern and newly fitted complete with all appliances. Bathrooms include a spacious four-piece bathroom and separate downstairs shower room with toilet. To the rear is an enclosed rear yard and ample on street parking is available.
Cottage Beck Road is ideally located within walking distance of the town centre which offers a range of shops and food establishments. The town benefited from a £10million development fund to redevelop their high street, improve their public spaces and create a huge enterprise and innovation hub for budding new businesses. Scunthorpe has strong transport links to Doncaster, Cleethorpes and is only a 45-minute journey into Lincoln and the same distance to the coast.
Scunthorpe is an industrial town in North Lincolnshire, it is Lincolnshire’s third most populated area with a population in excess of 80,000. North Lincolnshire has an established manufacturing sector and is known for being an engineering centre of excellence which plays a significant role in the local economy and ensures a steady demand for rental properties. Scunthorpe has made iron for more than 150 years and is the base of world leading companies such as British Steel, one of Europe’s leading steel manufacturers creating employment opportunities.
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 | £22,798 |
Lettings fees | £2,736 |
Net income | £12,340 |
Gross yield | 17.54% |
Net yield | 9.49% |
*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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© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.