5 bed terraced house for sale

Short Street, Warsop NG20

Short Street, Warsop, Ng20 0Qd

An excellent opportunity to acquire a substantial five-bedroom, five-bathroom property with HMO potential, offered with vacant possession. Arranged across three floors to maximise rental potential, the accommodation comprises two bedrooms on the ground floor, two on the first floor, and a fifth bedroom within the converted loft. Each bedroom benefits from its own private bathroom, while a spacious communal reception room provides comfortable shared living space, making it ideally suited to professional tenants.

Situated in a popular residential location, the property is within easy reach of a wide range of local amenities, including shops, supermarkets, cafés, leisure facilities, and excellent transport links. Nearby schools, green spaces, and everyday amenities further enhance its appeal and support strong demand for shared accommodation.

The property offers an excellent opportunity for investors looking to create a high-yielding asset. With five lettable rooms and continued demand for quality shared accommodation, it has strong long-term investment potential, whether as a first HMO purchase or an addition to an existing portfolio.

All works required for HMO use have been completed, including an Electrical Installation Condition Report (eicr), Fire Alarm Certificate, Emergency Lighting Certificate, Fire Safety Certification, and Building Regulations Completion Certificate.

Please note the property is currently vacant and is not licensed as an HMO. Any purchaser intending to operate it as a licensable HMO will need to apply for the appropriate licence and satisfy themselves that the property complies with all relevant local authority licensing requirements.

Financial Breakdown

Gross Rent: £32,000.00
Net income: £22,800.00
Gross yield: 11.64%
Net yield: 8.29%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08573