Milton Street, Southend-On-Sea, Essex

5 5

£425,000 Asking Price House of multiple occupation for sale
20210925_105609 BEDROOM 1 BEDROOM 5 PIC 1 KITCHEN PIC 4 KITCHEN PIC 2 KITCHEN PIC 5 BEDROOM 4 PIC 1 BEDROOM 4 PIC 2 BEDROOM 2 EN SUITE BEDROOM 3 PIC 1 BEDROOM 3 PIC 2 BEDROOM 5 PIC 2 BEDROOM 5 EN SUITE BEDROOM 3 EN SUITE UPPER STAIRS GARDEN

Description

This modern, fully compliant 5-bedroom, all-ensuite HMO presents a strong income-generating opportunity in a desirable Essex location. Fully tenanted by working professionals, the property generates £43,860 in annual rental income, delivering an attractive gross yield of 10.32% with stable occupancy and reliable returns. The all-ensuite layout enhances tenant appeal and supports consistent demand, particularly given its proximity to major employers and local amenities. Excellent transport connectivity via direct rail links to London, alongside easy access to the A12, A13, and M25, further strengthens its commuter appeal. With ongoing housing, town centre, and infrastructure investment driving long-term growth, this property represents a secure, high-performing investment in one of the South East’s most resilient rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 10.32%

Income Breakdown (Monthly):
Room 1: £650.00 Room 2: £750.00 Room 3: £785.00 Room 4: £740.00 Room 5: £730.00 Total Monthly Income: £3,655.00 Total Annual Income: £43,860.00
Expenditure Breakdown (Monthly):
Gas and Electric: £295.00 Water: £67.00 Council Tax: £159.00 TV License: £12.00 Broadband: £45.00 Cleaner: £120.00 Management: £420.00 Total Monthly Expenditure: £1,118.00 Total Annual Expenditure: £13,416.00
Investment Performance:
Net Annual Income: £30,444.00 Gross Yield: 10.32% Net Yield: 7.16%
Reference: XFG-32393984

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 5 Bedrooms
  • Bathrooms: 5 Bathrooms
  • Ensuites: 5 Ensuites
  • Kitchens: 1 Kitchen
  • Dining Rooms: 1 Dining Room
  • Tenure: Freehold
  • Rights and Easements: Ask Agent
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users

Broadband Speeds

  • Download: 16mbps - 1800mbps
  • Upload: 1mbps - 1000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

FP Energy Efficiency Chart

Features

  • Property Layout – 5 rooms, 5 bath (all ensuite) HMO, modern and fully compliant
  • Tenant Type – Fully tenanted by working professionals, ensuring stable rental income
  • Strategic Location – Desirable Essex location close to major employers and local amenities
  • Transport & Connectivity – Strong rail links to London plus easy A12, A13 and M25 access
  • Regeneration Benefits – Ongoing housing, town centre and infrastructure investment boosting demand
  • High Rental Income & Strong Yield – Gross annual income £43,860 delivering 10.32% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

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