Large five bedroom HMO goes on the market at £325,000 in Milton Keynes

The property is in South 10th Street at CMK

A five bedroom House of Multiple Occupancy (HMO) is up for grabs for £325,000 in Central Milton Keynes.

The terraced South10th Street property has an office HMO licence and could generate an income of between £2,000 and £2,500 a month for an investment buyer.

Each bedroom is a double and there are also two en suite bathrooms, a separate shower room, a communal kitchen and a rear garden.

The property is marketed by Cauldwell Property Services.

An HMO is a property rented out by at least three people who are not from one ‘household’ (for example a family) but share facilities like the bathroom and kitchen.

It is defined as a large HMO if it is rented to 5 or more people who form more than one household and some or all tenants share toilet, bathroom or kitchen facilities.