11 Bedroom Licensed HMO, Durham, DH7 19.3% BMV
Freehold detached HMO-licensed house offered at Offers In Excess Of £460,000, against an on-market value of c£570,000 — representing approximately 19.3% below market value. The property comprises 11 bedrooms and 9 bathrooms, is partially occupied and currently generating £2,600 PCM from 4 rooms, with estimated rental income of c£7,000–£10,000 PCM once fully let (yield c18–26%). Suitable for HMO investors or supported housing operators, the property spans 435.6 sq m / 4,689 sq ft and benefits from a huge driveway. Located close to schools, shops, healthcare, transport links and leisure walks. Completion timescale of 28 days.
An impressive freehold detached HMO property with an existing HMO licence, offering 11 bedrooms and 9 bathrooms across 435.6 sq m / 4,689 sq ft. Currently partially occupied and generating income, with significant upside available once fully let. Ideal for HMO investors or supported housing operators, the property benefits from huge driveway parking and sits within easy reach of schools, shops, healthcare, transport links and local leisure walks.
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Fee to Pay £4416$ 5,867 *$ 8,421 *$ 8,322 *€ 5.167 * (Inc VAT)
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