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Six-Bedroom End-Terrace Hmo Investment Property

South Moor, DH9 - Get Access

6 bed 2 bath

Description

This end-terrace HMO set over two storeys in Stanley, County Durham, has been fully refurbished and is let to working professionals. The ground floor has the kitchen, living room, a shower room and one bedroom. The first floor has five further bedrooms and a bathroom. Of the six bedrooms, 2 are doubles and 4 are singles. The property has a garden. Each room is let at £400 per month, and tenants pay an extra £3,300 a year towards bills, thereby producing total income from the tenants of £32,100 a year. Furniture is included in the sale. The loft also offers scope to convert, subject to any necessary consents.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,356 sq ft (EPC)

This six-bedroom terraced property on Park Road in Stanley was valued by examining local residential sales evidence alongside its current operation as a fully refurbished HMO. Standard terraced houses on the same road provide a reliable baseline per square foot, while the property's income generation and turnkey condition are factored into the final assessment. The internal floor area of 1,356 sq ft derived from EPC data underpins the size calculations.

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