Redcar Road, Guisborough, TS14 6HR
£275,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Terraced house
1,346 sq ft
6 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This 6-bedroom HMO property on Redcar Road in Guisborough is a solid investment opportunity, offering a gross yield of 14.1%. Currently tenanted, the house generates an annual rental income of £38,880. Each room is rented for between £520 and £560 per month. The property is in a desirable location, close to local schools and with convenient transport links. The total investment comes to £82,813, and the net annual cashflow is £28,560. If you’re looking for a high-yielding HMO with stable returns, this property could be a strong addition to your portfolio.
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Ricky
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“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
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Buy-to-let investor
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