7 bedroom property for sale

29 7 4 1

Property Features

Property Details

Aspire are pleased to present this exceptional seven-bedroom HMO investment opportunity situated on Long Road, Canvey Island, offered for sale with tenants in situ and producing an attractive gross yield of approximately 9.75%

This substantial property is already operating as a fully established HMO, providing immediate rental income of £4,875 per calendar month (£58,500 per annum), making it an ideal purchase for investors seeking a ready-made, income-generating asset.

The accommodation is well configured to support multi-occupancy living, comprising seven lettable bedrooms, including three en-suite rooms, alongside two additional WCs and a communal bathroom. The layout has been designed to maximise both tenant comfort and rental performance.

Externally, the property benefits from off-street parking, with the added advantage of ample on-street parking to the front, ensuring convenience for all occupants.

The current tenants are clean, tidy, and well-established, and thoroughly enjoy living at the property, offering reassurance to any incoming investor looking for a smooth transition and continued occupancy.

This is a rare opportunity to acquire a high-yielding, large-scale HMO in a popular residential location, perfectly suited for both seasoned investors and those looking to expand their portfolio.
Further information available upon request