James Douglas is delighted to welcome to the market this four double bedroom terrace HMO property, situated in the popular and convenient area of Treforest, Pontypridd. Offered for sale at £170,000 with no onward chain and professional working tenants in situ, this property represents an excellent investment opportunity for an established HMO landlord or investor, particularly given its close proximity to the University of South Wales. Cash purchasers would be particularly welcomed, although the vendor will consider offers from purchasers requiring mortgage finance.

The property currently generates rental income of £2,115 per calendar month, equating to £25,380 per annum, with stated annual costs of approximately £14,569.32. This provides a net annual income of approximately £10,810.68 and a net yield of approximately 6.36% based on the asking price of £170,000, making this an attractive proposition for investors seeking an established income-producing property.

The property provides well-proportioned accommodation throughout and is ideally suited to the HMO market, with four genuine double bedrooms and two shower rooms.

The accommodation is accessed via an entrance hallway which leads into the living room, with bedroom one also located on the ground floor. To the rear is a modern kitchen/diner providing a practical communal space for the occupants, together with a useful utility room and shower room. To the first floor are three further double bedrooms and an additional shower room, providing comfortable accommodation for all four tenants.

The property benefits from mains gas fired central heating via a combination boiler together with UPVC double glazed windows and doors throughout.

Externally, there is on-street parking available to the side and rear, together with one allocated parking space. To the rear is a north-east facing three-tier garden, complemented by patio slabs and areas of real grass, providing useful outdoor space for the occupants.

Located within close proximity to the University of South Wales, the property is well positioned for the student and professional rental market, whilst Treforest also benefits from excellent transport links with Treforest railway station and easy access to Pontypridd town centre and the wider South Wales road network.

This is an excellent opportunity to acquire a four double bedroom HMO in an established rental location, with professional working tenants already in situ, an established rental income and the significant benefit of no onward chain.

Early viewing is highly recommended.

Tenure: Freehold
Council Tax Band: C
EPC Rating: D (Potential B)