7 bedroom house of multiple occupation for sale

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7 bedroom house of multiple occupation for sale

Fairfield Road, Buxton, Derbyshire
£360,000

Price History

Initial price £370,000
19/10/24 £360,000
Price Change -2.70%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This high-yield quality HMO property at 85 Fairfield Road, Buxton, offers a reliable rental income stream with 7 bedrooms, each with an ensuite bathroom. The property was renovated in 2016 and is fully tenanted by working professionals. With a prime location close to major amenities and transport links, including the Buxton railway station, this property is strategically positioned to capitalize on the town's ongoing developments and economic growth. The property demonstrates strong financial performance with a total monthly income of £4,165 and a net annual income of £37,013, resulting in a gross yield of 13.88% and a net yield of 10.28%. This property is an excellent choice for investors looking for stable returns in a thriving market.