Guide price
£550,000
9 bed semi-detached house for saleQueens Road, Aldershot GU11
9 beds
3 baths
1 reception
EPC Rating: D
About this property
Substantial freehold nine-bedroom HMO investment
Fully let and currently producing £65,292 per annum
Approximately 12.0% gross yield at the £550,000 guide price
HMO licence permitting occupation by up to 14 people
Certificate of Lawful Existing Use for a nine-bedroom, 14-person HMO
Two kitchens and three bathrooms
Existing live-in management arrangement
Large balcony and substantial detached rear shelter/annexe
Potential to increase income towards approximately £80,000 per annum, subject to all necessary consents
CGI and ai have been used to enhance the photos so please rely on physical inspections only.
The latest rent schedule supplied records a total annual income of £65,292, equivalent to £5,491 per calendar month and an approximate gross yield of 12.0% at the guide price of £550,000.
The property is arranged over three floors and offers extensive, well-established HMO accommodation. The ground floor provides four letting bedrooms, a kitchen/dining room, bathroom and generous entrance and circulation space.
The first floor contains two further bedrooms, a second kitchen, bathroom, substantial landing and a large balcony. The upper room-and-roof level provides three additional bedrooms, a third bathroom and further landing space, creating a total of nine letting bedrooms, two kitchens and three bathrooms.
To the rear is a substantial detached shelter/annexe measuring approximately 9.39 m by 3.73 m. This provides valuable ancillary space, although purchasers should satisfy themselves regarding its lawful use and suitability for any particular purpose.
The existing operation benefits from an HMO licence permitting occupation by up to 14 people. A Certificate of Lawful Existing Use was granted on 7 April 2026, confirming use of the property as a nine-bedroom, 14-person House in Multiple Occupation. Copies of the relevant licence, certificate, tenancy information and rent schedule can be made available to genuinely interested parties.
A live-in management arrangement is currently in place, helping to reduce the day-to-day operational burden for the owner. Full details of the existing management and tenancy arrangements are available upon request.
The investment already produces an attractive return in its present configuration. The vendor has also identified potential to increase the annual income towards approximately £80,000 through future rental reviews and further optimisation. Any projected income is subject to market conditions, tenancy arrangements and any necessary planning, building regulation or HMO licensing consents, and should be independently assessed by an incoming purchaser.
Aldershot has an established and diverse rental market supported by local employers, military personnel, healthcare workers and commuters. The property is conveniently positioned for Aldershot town centre, local shops and amenities, the mainline railway station and the surrounding road network.
With nine letting bedrooms, established rental income, freehold ownership and the relevant HMO and lawful-use documentation in place, this represents a compelling opportunity for an investor seeking a substantial and operational HMO asset with further potential.
Guide Price: £550,000
Current Annual Rent: £65,892
Approximate Gross Yield: 12.0%
Tenure: Freehold
EPC Rating: D
CGI and ai have been used to enhance the photos so please rely on physical inspections only.
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