96 Milton Street, Southend-on-Sea, Essex, SS2 5BU
- Unconditional Online Sale
- Offers in Excess of : £425,000
- Bedrooms: 5
- Bathrooms: 5
Fully Licensed 5-Bed All-Ensuite HMO | £43,860 Annual Income | 10.32% Gross Yield | Prime Essex Location | Near Major Employers & Amenities | Professional Tenants | Strong London Rail & Road Links | Regeneration Area | Turnkey Investment
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.
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% |
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.
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