5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Station Street, Wigston LE18
£216,000

Price History

Initial price £220,000
24/11/24 £216,000
Price Change -1.82%

Description

This 5-bedroom HMO in Wigston is an attractive opportunity for investors looking to expand their portfolio. The well-maintained property features 5 bedrooms, 2 bathrooms, 3 wc, lounge, kitchen, and a courtyard, and is currently producing an annual gross income of £16,800. With tenants already situated, the new owner has the potential to increase the income to a market rate of £21,600. The property is located in an area with valuable amenities close by, making it an attractive option for renters. The current tenants have been consistent in paying their rent and have no plans to move out, ensuring a smooth transition for the new owner.