Fairfield Road, Buxton, Derbyshire

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

Property Overview
Address: 85 Fairfield Road, Buxton, SK17 7HA
Property Type: High-Yield Quality HMO
Size: 7 Bedrooms, All Ensuite
Renovation: Completed in 2016
Current Tenants: Working Professionals

Investment Highlights
Nestled in the picturesque town of Buxton, 85 Fairfield Road offers an exceptional investment opportunity with a fully tenanted, high-quality HMO. This 7-bedroom property, each with an ensuite bathroom, provides a reliable rental income stream, making it an attractive proposition for investors seeking robust returns.

Location and Accessibility
Located in a prime area of Buxton, this property is strategically positioned close to major amenities and transport links. The Buxton railway station, offering direct routes to Manchester and other key cities, makes it an ideal location for commuting professionals. Buxton's ongoing developments, such as the Buxton Crescent & Thermal Spa project, further enhance the area's potential for property value appreciation.

Economic and Market Potential
Buxton boasts a diverse economy driven by sectors like tourism, healthcare, and education. The University of Derby's Buxton campus and major employers like Buxton Water and the NHS ensure a steady demand for rental properties. Additionally, Buxton's status as a tourist destination reinforces tenant demand throughout the year, supporting strong rental yields and long-term capital growth.

Financial Performance

Total Monthly Income: £4,165.00
Annual Income: £49,980.00
Total Monthly Expenditure: £1,080.58
Annual Expenditure: £12,966.90
Net Annual Income: £37,013.10
Gross Yield: 14.28%
Net Yield: 10.58%

This property demonstrates strong financial performance, making it a valuable addition to any investment portfolio.

Investment Summary
The property at 85 Fairfield Road, Buxton, is perfectly positioned to capitalize on the town’s amenities and ongoing development. This 7-bedroom HMO, renovated in 2016, offers both immediate rental income and the potential for long-term growth, making it an excellent choice for investors looking for stable returns in a thriving market.

Income Breakdown (Monthly):

Room 1: £595.00
Room 2: £595.00
Room 3: £595.00
Room 4: £595.00
Room 5: £595.00
Room 6: £595.00
Room 7: £595.00

Total Monthly Income: £4,165.00
Annual Income: £49,980.00

Expenditure Breakdown (Monthly):
Gas: £223.00
Electric: £Included
Water: £47.00
Council Tax: £139.00
TV License: £14.13
Broadband: £73.65
Cleaner: £84.00
Management: £499.80

Total Monthly Expenditure: £1,080.58
Annual Expenditure: £12,966.90

Net Annual Income: £37,013.10 (calculated as Total Income - Total Expenditure)

Gross Yield: 14.28% (calculated as Annual Income / Sale Price)

Net Yield: 10.58% (calculated as Net Annual Income / Sale Price)

Commentary: The income and expenditure figures are based on the data provided for the property at 85 Fairfield Road, Buxton. The property shows a strong financial performance with a gross yield of 14.28% and a net yield of 10.58%, suggesting it could be a valuable investment opportunity. The calculations assume that there are no vacancy periods or additional costs beyond those listed, which could affect the net income and yield if they occur.