On with Your Move for £99k this 3 bed detached is located within walking distance of Wellington Town Centre, the bus & train stations. Close to local amenities, this property needs some refurbishment.
The question is this...change to a family dwelling and achieve a gross return of around £650 pcm (6.5%) or make into a HMO (House of Multiple Occupation) and have 3 bedrooms giving a gross return of just over £1,100 pcm (13.2%)
There is a lot more to consider if changing to a HMO, but the returns are greater, we manage and own HMO's so give us a call 01952 306 444 or pop into the office to discuss further.
See more at http://goo.gl/iulAVd
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