Guide price
£2,500,000
30 bed property for saleWellington Road, Stevenage SG2
30 beds
24 baths
5 receptions
EPC Rating: C
About this property
Property Layout – 5 high-quality HMOs totalling 30 rooms and 24 bathrooms across prime Stevenage locations
Tenant Type – Fully tenanted by working professionals, ensuring reliable and stable rental income
Strategic Location – Desirable Stevenage areas close to major employers, retail parks and local amenities
Transport & Connectivity – Fast rail links to London King’s Cross in under 30 mins, plus easy A1(M) and A602 access
Regeneration Benefits – £1bn Stevenage regeneration transforming the town centre, boosting demand and values
High Rental Income & Strong Yield – Combined gross annual income £293,520 delivering 11.74% yield
Wheelchair accessible
2, Wellington Road, Stevenage, SG2 9HR - 6 rooms, 5 bathrooms (3 ensuite)
105, Mendip Way, Stevenage, SG1 6GZ - 6 rooms, 4 bathrooms (2 ensuite)
107, Mendip Way, Stevenage, SG1 6GD - 6 rooms, 4 bathrooms (2 ensuite)
32, Angotts Mead, Stevenage, SG1 2NJ - 6 rooms, 5 bathrooms (3 ensuite)
35, Devonshire Close, Stevenage, SG2 8RY - 6 rooms, 6 bathrooms (5 ensuites)
This high-performing portfolio of five premium HMOs-comprising 30 rooms and 24 bathrooms, including 15 ensuites-offers an exceptional, income-generating opportunity in the thriving town of Stevenage. Fully let to working professionals, the portfolio produces a combined gross annual rental income of £293,520, delivering an impressive gross yield of 11.74% with strong occupancy and stable cash flow. Situated in prime Stevenage locations, the properties benefit from proximity to major employers, retail parks, and key amenities, ensuring consistent tenant demand. Excellent transport connectivity, including fast rail services to London King’s Cross in under 30 minutes and easy access to the A1(M) and A602, enhances the appeal for commuters. With over £1bn in town centre regeneration transforming Stevenage’s infrastructure, retail, and residential offering, this portfolio represents a secure, high-yielding investment with exceptional long-term growth potential in one of Hertfordshire’s most dynamic rental markets.
Income Breakdown:
Individual Property Income
1. 2 Wellington Road (6 bedrooms):
Monthly Income: £4,510.00
Annual Income: £54,120.00
2. 105 Mendip Way (6 bedrooms):
Monthly Income: £4,735.00
Annual Income: £56,820.00
3. 107 Mendip Way (6 bedrooms):
Monthly Income: £4,750.00
Annual Income: £57,000.00
4. 32 Angotts Mead (6 bedrooms):
Monthly Income: £4,695.00
Annual Income: £56,340.00
5. 35 Devonshire Close (6 bedrooms):
Monthly Income: £5,770.00
Annual Income: £69,240.00
Expenditure Breakdown:
Total Monthly Expenditure: £4,973.20
Total Annual Expenditure: £59,678.40
Total Net Annual Income: £233,841.60
Investment Performance:
Total Monthly Income: £24,460.00
Total Annual Income: £293,520.00
Gross Yield: 11.74%
Net Yield: 9.35%
Mortgage calculator
£12,506 per month
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