Meteor Homes are pleased to bring to market this Fully Licensed 5 Bedroom HMO, situated on the popular Cleethorpe Road, offering an excellent opportunity for investors seeking a high-yield rental property.





The recently refurbished property is currently occupied in 3 of the 5 rooms, providing significant scope to increase rental income by letting the remaining rooms.

When fully occupied, the property currently generates £2,200 per calendar month and has the potential to generate approximately £2,500, making it an attractive investment with strong income potential.



The accommodation is arranged to provide 5 individual double rooms alongside shared kitchen and bathroom facilities.

The property further benefits from uPVC double glazing throughout, gas central heating, and a CCTV security system.



Recently it has had EICR which is now valid until 2031, Emergency Lighting Certification, and Fire Safety Certification completed.

The ground floor features 2 double bedrooms, a shared kitchen, a shared living space and a shared bathroom.

Whilst the first floor beholds 3 double bedrooms and a large shared bathroom.

Externally, there is a rear parking area providing space for approximately 2 to 3 vehicles, an increasingly desirable feature for HMO accommodation.



Subject to the necessary planning permissions and building regulations, there is also the potential to create a 6th double room through the conversion of the loft space, presenting an opportunity to further enhance the property`s rental income.



The current owner is seeking to sell with tenants in situ, making this an ideal opportunity for investors looking to acquire an established HMO.