5 Bed House
Gerald Street, Wrexham
£265,000
**** Fully compliant with HMO regulations****
Reid and Roberts Estate and Lettings Agents are pleased to offer this Semi-Detached Victorian property, located on a well-established and highly sought-after road.
This well-presented property is arranged to provide five letting rooms, a bathroom and shower room, and a communal kitchen/living area, with the added benefit of a rear garden. The layout is ideally suited for continued use as an HMO, offering strong and reliable rental income.
Fully compliant with HMO regulations, the property is fitted with hardwired fire and smoke alarm systems, ensuring tenant safety and peace of mind. Each tenant currently pays £448 per calendar month, covering their own gas and electricity bills, while the landlord covers broadband, water, and the TV licence.
**Investment Highlights:**
* Five fully tenanted rooms generating a stable income
* Monthly rental income: £2,240
* Annual rental income: £26,032
* Outgoings £3,339
* Strong rental demand in a proven HMO location
* HMO-compliant with all necessary safety features in place
This property represents an excellent opportunity for investors seeking a secure, high-demand HMO with immediate rental returns.