No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

29 sep 23
Other
Other

8 bedroom house share

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House share
8 bed
6 bath
EPC rating: C*
290 sq ft / 27 sq m

Key information

Tenure: Freehold
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
SPACIOUS DETACHED HMO RESIDENCE IN SOUTHPORT

We are thrilled to present this expansive HMO property, brimming with the possibility of generating even greater income! Positioned on Leyland Road, at the heart of Southport, this property enjoys close proximity to the bustling high street, Southport beach, and convenient transport links to Liverpool.

Comprising of the current layout, the property features six comfortable bed-sitting rooms and two well-appointed one-bedroom flats. The two one-bedroom flats offer the flexibility of being reconfigured into self-contained rooms, thereby amplifying rental potential, or retained as flats for increased revenue. On the ground floor, you'll discover two generously sized rooms complete with their own kitchen facilities and toilets, along with a spacious one-bedroom flat boasting an independent kitchen and bathroom. Additionally, a utility area with a shared shower is also located on this level. Progressing to the first floor, you'll find a well-appointed bedsit, three communal bathrooms, a one-bedroom flat, and another self-contained flat. Ascending to the top floor, two bedsits with a communal bathroom are presently occupied by a single tenant.

The property currently commands a rental income of £22,536; however, its potential rental income could soar to approximately £40,000 annually, resulting in an impressive yield of 12.1%.

Moreover, the substantial basement area offers an enticing opportunity for conversion into a 1 to 2-bedroom apartment, potentially generating an additional £7,000 per annum in revenue.
Freehold property
Bills are paid by LL
Council Tax Band B
EPC Rating C/D
Hallways
Large hallway leading to the two rooms on the ground floor, one bedroom flat, utility room and basement. Second floor leading to three bathrooms, two studio rooms and the second one bedroom flat. Third floor has two studio rooms and another communal bathroom.

Room 1
Studio room with kitchen and toilet.
Kitchen
Kitchen
Room 2
Studio room with kitchen and toilet.
Kitchen
Kitchen
Ground floor flat
Ground floor flat which can be converted back to two rooms or kept as a one bedroom for a higher rent. Includes bedroom with kitchenette, reception room, large kitchen and bathroom. Own access at the side of the property.
Kitchen
Kitchen in the one bedroom flat.
Bedroom 3
Studio room with kithenette
Kitchen
Kitchen
Bathroom 1
Bathroom for the one bedroom flat on ground floor.
Bedroom 4
Bedroom 4
Kitchen
Kitchen
Bathroom 2
Communal bathroom
Bathroom 3
communal bathroom.
Utility Room
Utility room with shower cubicle.
Reception 2
Recpetion area with kitchentte.
Kitchen
Kitchen
Bedroom 5
Bedroom for the one bedroom flat on the first floor.
En Suite for flat
En suite just off the bedroom for the flat.
Bathroom 4
Communal bathroom
Bedroom 6
Studio room with kithenette
Kitchen
Kitchen
Toilet for room 6
Toilet with wash basin.
Bedroom 7
Studio room with kithenette
Kitchen
Kitchen
Bedroom 8
Studio room with kithenette
Kitchen
Kitchen
Bathroom 6
Communal bathroom
Basement
Large basement area,

Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.

Places of interest

    Concentric Sales & Lettings Wolverhampton now merged with the market leading brand Lawson's Sales and Lettings (originally on the same street) specialises in working with landlord investors to help them to buy, sell, rent or invest in property in and around the Wolverhampton area, across all sectors. Local knowledge with modern big company thinking, built up with over 27 years in the area The established local firm Lawson's and Concentric Wolverhampton merged in May, 2017, meaning the now 8 strong team, with a further 10 strong management team behind them, offer a range of specialisms, to enable a high level and wide range of local property services to help you. No matter what your property goals, we really are the agent of choice for an investor landlord or buyer/seller. Utilising our many years of contacts and experience in the property sector in Wolverhampton and our database of local investors spanning over 2 decades, plus a national network of agents, we can achieve property sales where others can't, by knowing WHO is buying what and where, plus working with local and distant landlords to ensure they are offering safe quality homes to let, to secure great tenants too. Concentric Sales & Letting Agency Wolverhampton has the added benefit of the CEO being the current President of ARLA, from June 2017-June 2018, meaning they are at the forefront of the political and industry changes that are taking place right now, within the Private rented sector.  Whether you are purely looking to buy or sell a property, or have a portfolio that is standard professional sector, HMO, LHA or company lets, the expertise is there to assist you fully.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

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    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on June 16, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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    *Call rate information

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