Four-Bedroom Detached Bungalow Investment Hmo

Courtney Downing Estates are pleased to offer this substantial four-bedroom detached bungalow, currently operating as a fully occupied HMO and producing approximately £1,900 per calendar month. Set within a particularly generous plot, the property combines established rental income with excellent longer-term potential and will appeal to investors looking for a ready-made income-producing asset with scope to add further value. The bungalow offers spacious accommodation arranged over one level and is currently configured for HMO use. Its present layout provides four bedrooms together with the communal and ancillary space required for its current use. Externally, the property is a real feature. The bungalow sits within extensive gardens with a large amount of surrounding space, together with off-road parking and a detached garage. The aerial photographs really highlight the size and shape of the plot, which offers a degree of privacy rarely found with this type of investment property. The gardens are well established and enjoy open aspects, creating a pleasant setting for the property and its occupants. Given the overall size of the site, there may also be scope for future reconfiguration or development, subject of course to the necessary planning permissions and consents. Buyers should make their own enquiries regarding any development potential. With the benefit of existing tenants, an approximate rental income of £1,900 PCM, a substantial plot and further potential for the future, this represents an interesting opportunity for investors looking for both immediate income and longer-term growth. Viewing is highly recommended to fully appreciate the size of the accommodation, the extent of the plot and the opportunity on offer.