Summary

Meteor Homes are pleased to bring to market this fully licensed five-bedroom HMO, situated on the popular Cleethorpe Road, offering an excellent opportunity for investors seeking a high-yield rental property.

Details

Meteor Homes are pleased to bring to market this Fully Licensed 5 Bedroom HMO, situated on the popular Cleethorpe Road, offering an excellent opportunity for investors seeking a high-yield rental property.





The property is currently occupied in 2 of the 5 rooms, providing significant scope to increase rental income by letting the remaining rooms.

When fully occupied, the property has the potential to generate approximately £3,000 per calendar month, making it an attractive investment with strong income potential.



The accommodation is arranged to provide 5 individual double rooms alongside shared kitchen and bathroom facilities.

The property further benefits from uPVC double glazing throughout, gas central heating, and a CCTV security system.



The ground floor features 2 double bedrooms, a shared kitchen, a shared living space and a shared bathroom.

Whilst the first floor beholds 3 double bedrooms and a large shared bathroom.

Externally, there is a rear parking area providing space for approximately 2 to 3 vehicles, an increasingly desirable feature for HMO accommodation.



Subject to the necessary planning permissions and building regulations, there is also the potential to create a 6th double room through the conversion of the loft space, presenting an opportunity to further enhance the property`s rental income.



The current owner is seeking to sell with tenants in situ, making this an ideal opportunity for investors looking to acquire an established HMO.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
North East Lincolnshire Council, Band A

Utilities
Electric: Unknown
Gas: Unknown
Water: Unknown
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No