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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