7 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- An Impressive HMO
- Seven En-Suite Rooms
- Three Communal Kitchens
- Communal Gardens
- Southport Town Centre Location
- Investment Opportunity
- Investment Yield 10 - 12%
- All Fully Tenanted On Long Term Tenancys
- All Certificates In Place
- Tenure Freehold - Council Tax Band D
A substantial HMO investment opportunity available here with seven en-suite bedrooms, three kitchens, ground floor communal space, garden and parking. With a very attractive rental income and a compliment of tenants in situ, the return per annum currently sits at £45,600 (based on full capacity). Of note, the properties to either side of #23 have had permissions to extend – with similar permissions being granted here, there is potential to bring the property to a 9 bed HMO.
ACCOMMODATION
Ground Floor: Entrance hallway leading to two en suite bedrooms, communal sitting room and on to fitted kitchen with access to rear yard and basement.
First Floor: Split landing off to three en suite bedrooms and fitted kitchen
Second Floor: Split landing off to two en suite bedrooms and fitted kitchen
LOCATION
Bath Street is central to Southport Town and is therefore within walking distance of local shops, bars, restaurants, and train station, and of course, the marina and beach.
Tenure: Freehold
Council Tax Band: D
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
Places of interest
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Property reference AUC240168. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Venmore - Auctions.
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Broadband availability and predicted speed: obtained from Ofcom on February 9, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 9, 2022
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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 January 21, 2014 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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