Located in the heart of Market Drayton, this newly refurbished HMO offers investors a fully managed, hands-off income-generating property with a strong NET yield of 9.5%. Priced at £344,842 with a discount of £40,470 against the RICS value of £385,412, this opportunity provides immediate rental income of £32,760 annually.
Fully tenanted and compliant with all certifications, the property benefits from a 7-year lease agreement with enhanced LHA rental rates and guaranteed rent from a FTSE-backed company or government-supported lease. Investors enjoy £14,895 in annual net cash returns, 12.43% return on cash, and £104,265 projected over 7 years.
Key Investment Features:
• £344,842 purchase price – £40,470 discount from RICS
• 9.5% NET rental yield
• £32,760 annual rent / £2,730 monthly rate
• £14,895 annual net cash
• £104,265 total return over 7 years
• 12.43% return on cash (cash required: £119,842)
• Fully managed – no service or management fees
• Guaranteed rent – no voids
• No council tax or utility bills
• Hands-off investment with proven returns
This high-performing, income-generating HMO is perfect for passive investors seeking long-term, stable returns.