Yieldit are delighted to present this fantastic opportunity to purchase a well-estbalished, 6 bedroom, 6 bathroom HMO in Heathgates, Shrewsbury. This is a very spacious property finished to an excellent standard, with plenty of original features, offering tenants a pleasant and relaxing space to live. To the ground floor, there is an imposing entrance hallway, three double, ensuite bedrooms, large kitchen diner, reception room and utility room providing external access. To the first floor, there are two double, ensuite bedrooms, a further double bedroom and family bathroom. The property also benefits from a well-positioned garden and large driveway to the front, offering ample parking for up to 6 cars.

The property is currently occupied with quality tenants in situ and is achieveing a gross rental income of £32,682 which is just under a 10% GROSS yield.

Perfectly situated for tenants, the property is a stones throw from the vibrant market town of Shrewsbury, where you can find an array of independent cafes, artisan food producers and cinema, as well as plenty of green space and outdoor activities. Also excellently placed for the commuter, the property is within easy reach of the M54 and other public transport options are also easily accessible. Lastly, the property is located close to a number of influential local employers including Ango beef processors, Muller Dairies and Shropshire council; meaning there will always be rental demand!

Now is an excellent time to invest in Shrewsbury; house prices have increased 3.1% over the last year and have increased by 20.1% over the last 5 years. Similarly, the same positive impact is evident in the rental market, with rental values increasing by 10.8% over the last 12 month, making this a perfect buy to let opportunity.

This property is unlikely to be around for long, so enquire with one of our property consultants today to avoid disappointment. Further information and video available on request.