Financials
Asking Price: £415,000
Deal sourcing fee: £3.000
Historic Gross Rent: £3,900 pcm (£46,800 pa)
Gross Yield: Approx. 11.3%
Typical Bills: £750–£900 pcm (season dependent)
Features
Garden: YES
Parking: Off-street
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6 Bed Terraced House HMO
24 Cavan Way, MK10 9LY, Milton Keynes
£415,000
Beds
ensuite
bathroom
toilet
6
1
1
1
An excellent opportunity to acquire a well-maintained, fully licensed 6-bedroom HMO in a sought-after area of Milton Keynes. The property is offered with vacant possession, giving investors the flexibility to set market rents or owner-occupiers the option to repurpose the property (subject to any required permissions).
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Property Highlights
Licensed 6-bed HMO
Vacant possession available
1 Ensuite bedroom
1 Shared bathroom
Additional ground floor WC
Private office/study included with Bedroom 6
Garage
Off-street parking
Approx. 121.6 sqm (1,309 sq ft)
Good overall condition
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Financials
Asking Price: £415,000
Deal sourcing fee: £3.000
Historic Gross Rent: £3,900 pcm (£46,800 pa)
Gross Yield: Approx. 11.3%
Typical Bills: £750–£900 pcm (season dependent)
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Prime Location
Ideally situated close to Magna Park, one of the region's largest logistics and distribution hubs, employing thousands of people. The property also benefits from easy access to other major employers, transport links, local amenities, and Milton Keynes city centre, making it highly attractive to working professionals.
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