Beanacre Road, Melksham, Wiltshire 7 bed semi

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Beanacre Road, Melksham, Wiltshire 7 bed semi

Beanacre Road, Melksham, Wiltshire SN12
£400,000

Price History

Initial price £450,000
31/01/25 £400,000
Price Change -11.11%

Description

This is a large semi-detached property that offers a significant income-generating opportunity for investors. The property currently features 7 lettable rooms, which could be run as a large HMO, B&B, or developed into individual units subject to planning permission. The property has a total annual income of approximately £46,000, with each room generating between £100 and £150 per week. The property has been well-maintained, with a new boiler and replaced radiators, and has fire alarms and fire doors as required for HMO licensing. The property is freehold and has a commercial mortgage in place. With its potential for further development and significant income, this property presents a unique investment opportunity for those looking to generate a strong return.