This property is no longer on the market
Property
Property description & features
- FULLY LICENSED HMO!!!
- 12 units
- 8 bedsits
- 4 studio apartments
- Annual income £56,520
- Rents are scheduled to go up soon
- Accommodation over 4 floors
- Circa 4396 square feet
- Excellent investment opportunity
- NO CHAIN
The property spans an impressive four floors of fantastic investment property and offers circa 4396 square feet of well proportioned accommodation.
The property is operating as a well run (no arrears), profitable HMO and is split into 12 units, 8 of which are bedsit accommodation & 4 of which are studio apartments.
The annual income of the property generates an incredible £56,520 per annum, providing a circa 9.4% investment return. The rents are scheduled to be increased soon, which will take this over a 10% investment return! NO CHAIN.
Early inspection is strongly advised to avoid disappointment.
Viewing is available immediately by appointment.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 32970191. 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 Flexi Agent - Southport.
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: obtained from Ofcom on May 9, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.