• 12 Freehold HMOs with eleven in Yeovil and one in Crewkerne
• A total of 82 lettable rooms
• Eleven properties let subject to ASTs and one let subject to a 5 year lease to Bournemouth Churches Housing Association
• Each property benefits from an HMO License
• Current Gross Rent Reserved: £333,092 pa
• ERV (if fully let) at Market Rents subject to ASTs: £393,796 pa
• Additional Sundry Income of circa £2,500 pa
• Offering significant potential for extensions to create up to 14 additional lettable rooms (subject to planning)

Offers in excess of £3,500,000 are invited for the Freehold interest subject to the existing lease and tenancies, subject to contract.

An acquisition at this level would reflect a gross initial yield of 9.5% and a gross reversionary yield (based on ERV) of 11.25%

12 x HMOs

82 rooms