8 Hunter Lane, Penrith, CA11 7UY
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8 Hunter Lane, Penrith, CA11 7UY
5
bed
2
bath
1
reception
Council tax: B
Freehold
Tenanted HMO Opportunity
Available documents
How to buy at auction
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Description
PRIME NEW LISTING. We are excited to present this tenanted 6-bedroom HMO located within a prime location in Penrith. Turn-Key Investment.
**1 Elm Terrace, Penrith CA11 7JY sold for £295,000, 100 Centurion Rise, Penrith CA11 8BS sold for £419,000, 22 Wordsworth Street, Penrith CA11 7QY sold for £531,000**
This HMO property offers a lucrative opportunity for the savvy investor. With six fully licensed rooms for tenancy, this property generates a steady monthly rental income of £2,280, amounting to £27,360 per annum. An 18% yield if bought at the guide price. It presents a rare, can’t-miss investment chance right from the start.
Nestled in a desirable area, this property boasts impressive local amenities and excellent transport links. It presents an ideal purchase for investors eyeing a remarkable rental yield and significant capital growth potential.
Currently tenanted and already in a lettable state, this property can seamlessly serve ambitious investors seeking a new project without delay.
PRIME NEW LISTING. We are excited to present this tenanted 6-bedroom HMO located within a prime location in Penrith.
Turn-Key Investment.
The property comprises three stories, featuring spacious bedrooms, a well-equipped shared kitchen, and a modern shared bathroom.
This HMO property offers a lucrative opportunity for the savvy investor. With six fully licensed rooms for tenancy, this property generates a steady monthly rental income of £2,280, amounting to £27,360 per annum. It presents a rare, can’t-miss investment chance right from the start. An 18% yield if bought at the guide price.
Room 1 - £105 p/w Room 2 - £105 p/w Room 3 - £105 p/w Room 4 - £150 p/w Room 5- £105 p/wNestled in a desirable area, this property boasts impressive local amenities and excellent transport links. It presents an ideal purchase for investors eyeing remarkable rental yield and significant capital growth potential.
Currently tenanted and already in a lettable state, this property can seamlessly serve ambitious investors seeking a new project without delay.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**1 Elm Terrace, Penrith CA11 7JY sold for £295,000, 100 Centurion Rise, Penrith CA11 8BS sold for £419,000, 22 Wordsworth Street, Penrith CA11 7QY sold for £531,000**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Penrith is a charming market town nestled in the Eden Valley, offering a mix of history, culture, and stunning natural beauty. With excellent transport links, shops, and recreational facilities, it’s a wonderful location for both residents and visitors.
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Play Video: 8 Hunter Lane, Penrith, CA11 7UYTerms of Sale
All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.