£650,000 /Sale price

Bringing in just over £40,000 per annum, this well-presented 6-bedroom licensed HMO offers a fantastic, ready-made investment opportunity in the ever-popular location of Tagwell Road, Droitwich.Converted from a former hotel dating back to the 1800s, this charming and characterful building has been thoughtfully adapted to meet the needs of professional tenants, making it a consistent top performer in the local rental market. The property is fully tenanted with six long-standing professional occupants, providing stable and immediate income with minimal risk.Arranged over two upper floors, the first floor offers a spacious and modern communal kitchen/diner, perfect for shared living, alongside three double bedrooms two of which benefit from private en-suites, while the third enjoys exclusive use of a main bathroom on the same level.On the second floor, there are three additional en-suite double bedrooms, all bright and airy thanks to charming skylights that flood the space with natural light. The layout maximises privacy and convenience, ensuring strong tenant satisfaction and retention.Externally, the property benefits from a communal entrance and access, and its setting on the highly regarded Tagwell Road further boosts its long-term capital appeal and tenant desirability.The property is being sold as leasehold with a 999-year lease, and importantly, includes a 1/6th share of the freehold, offering investors long-term security and control over the building.EPC Rating: D