4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

93 Silver Street, Coalville, Leicestershire, LE67
£250,000

Price History

Initial price £275,000
06/11/24 £250,000
Price Change -9.09%

Description

This investment property is a mid-terrace house with a large garden, arranged as a 4-bedroom HMO, located in Whitwick, a village near Coalville. The property generates a rental income of £21,540 per annum, with a further potential income of £6,000 per annum from the vacant room. The property's estimated value is £27,540 per annum, giving a gross yield of 11.02%. The property is situated within a short walk of the High Street, with nearby occupiers including a Co-Op Food store, Post Office, and takeaways. The property is currently let on ASTs to four individuals, with deposits held for each tenant. The property offers a stable income stream and potential for further growth.