RELIANCE WAY, COWLEY

A little investigative work needed on this first but assuming it ticks the boxes this one makes for a super little investment.

Currently on the market with Penny and Sinclair for £445,000 this could be a real winner if the conditions allow it.

It is worth noting that I come at this purely from and HMO angle folks (House in Multiple Occupancy) and for investment it only makes sense to buy it under this premise.

Get onto PS and ask if this already has an HMO licence or has ever had a licence. If the answer is yes, then buy it! If not then call me and I will talk you through how to obtain one (nice and easy, honest!)

Offering 4 double bedrooms and a single bedroom this property would command a rent of £2200+ per calendar month which will give you a 6% yield for your invesment. The property is in good order throughout which will keep your inital outlay nice and low. Wood flooring throughout the property ensures it is relatively low maintenance between tenancies as well.

Right, back to my world domination programme!