53 Tennyson Avenue
Here is a remarkable opportunity to acquire a well-established 7-bedroom HMO in King’s Lynn, with 4 en-suite rooms. Recently renovated to a high standard, the property offers a seamless layout that combines classic charm with modern, practical living spaces. Each room includes a kitchenette, providing tenants with personal space alongside a shared kitchen. The property meets UK renting standards, allowing the rental of 4 of the 7 rooms to couples, which is in high demand.
Tenant vetting is thorough, and the landlord-tenant relationship is excellent, ensuring the property remains in great condition. It boasts an annual Gross Income of £62,004 and a Gross Yield of 10.88%.
Located conveniently in King’s Lynn, it’s close to amenities, including a Tesco Superstore (9 minutes by public transport or 8 minutes on foot), local gyms, cafes, takeaways, and restaurants. The nearby bus stop is just a minute’s walk (282 ft), while King’s Lynn Train Station is a 9-minute walk (0.5 miles) away. University Centre West Anglia is also within easy reach, just a 5-minute walk (0.3 miles) away, making it ideal for students.
Property Specifics
- 7 Bedrooms
- 5 Bathrooms
- 1875.00 ft
- Type: Fully Licensed and Operational 7 Bed HMO
Financial Overview
- Rent PCM: £5167
- Gross Yield: 10.88%
- Cash Purchase
What this property offers
Verification
Our verification tick shows that industry professionals have generated the estimates being shown. To generate the estimated yield and returns for the property we look at like-for-like units in similar areas as well as past data. Utilising these 2 areas, and a couple of others, we are happy we’re giving you the most accurate prediction for these properties. Should you have any questions about our estimates, please don’t hesitate to contact us.