Wigmore Road, Broadwater

CALLING ALL INVESTORS - £40,230 per annum Jacobs Steel are delighted to present this well-presented and fully licensed five-bedroom HMO, situated within this sought-after Broadwater location and offering an attractive investment opportunity for buy-to-let investors. Conveniently positioned close to local shops, amenities and transport links, the property benefits from a strong existing rental income of £40,230 per annum, with further potential to increase the return and improve the overall yield. Arranged over two spacious floors, the accommodation comprises five generously proportioned double bedrooms, a modern communal kitchen/dining room and a well-appointed communal bathroom. Further benefits include gas central heating, double glazed windows and an attractive communal rear garden. All rooms are currently let on AST agreements with bills included within the rents, providing investors with an established income stream from day one. The property is Council Tax Band C and EPC Rating C.
Internal Upon entering the property, you are welcomed by a well-presented entrance hall, featuring attractive ornate wall moldings and ceiling coving, with stairs rising to the first floor. The ground floor provides two well-proportioned double bedrooms, with the front room benefiting from a large bay window, while the second enjoys direct access to the communal rear garden via double glazed doors. To the rear, the communal dining room leads directly into the modern fitted kitchen, which is well equipped with contemporary wall and base units, work surfaces incorporating a stainless steel sink, electric cooker with extractor over, freestanding fridge/freezer and washing machine. The property is serviced by a Worcester Bosch gas boiler. Upstairs, the first-floor landing leads to a further three generously proportioned double bedrooms, including an impressive front-facing room which spans the full width of the property, had a large bay window and measures an impressive approximately 14'1'' x 11'. The accommodation is completed by a well-presented communal bathroom, fitted with a panelled bath with shower attachment, pedestal wash basin and low-level WC, together with a heated towel rail, extractor fan and two double glazed windows. The well-designed layout provides five genuine double bedrooms alongside practical communal facilities, supporting the property's established rental model.
External The property occupies an attractive plot with a formal front garden providing a welcoming approach to the house. To the rear is a particularly appealing communal garden, predominantly laid to lawn with a paved area providing an attractive outdoor space for tenants to enjoy, while rear access further enhances practicality. Combined with the well-presented communal accommodation and modern kitchen, the property offers a strong investment proposition, with the existing £40,230 annual income providing an established rental return and further scope for an investor to explore opportunities to improve the yield over time.
Council Tax Band C