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EPC

4 bedroom terraced house for sale

Wallasey CH44
Added yesterday
Terraced house
4 beds
4 baths
1431
EPC rating: D
Added yesterday

Key information

TenureFreehold
Council taxBand A

Features and description

Point Properties are delighted to present this outstanding investment opportunity: a fully let, high-end 4-bedroom, 4-bathroom HMO.

This superbly finished property offers strong and consistent returns, low maintenance costs, and minimal void periods. There is also potential to create a fifth bedroom, subject to obtaining the relevant HMO licence, which could generate an additional £5,400 per annum in rental income.

Current Rental Income (per room):

Room 1 - £410 pcm

Room 2 - £485 pcm

Room 3 - £550 pcm

Room 4 - £495 pcm

Total rent roll: £23,280 per annum

Monthly Operating Costs (excluding insurance and mortgage):

TV Licence - £14.95

Council Tax - £159.00

Broadband - £38.40

Utilities - £207.66

Management (8% + VAT) - £186.24 pcm

Total monthly costs: £606.85
Net monthly income (before finance costs): £1,333

Key Investment Highlights

Fully let, high-end HMO with nothing required

High-quality conversion and refurbishment completed at a cost of circa £80,000

Low ongoing maintenance and excellent long-term durability

Strong tenant demand and consistently low voids

Potential to increase rental income via licence-approved fifth bedroom

Gross yield of approximately 11%, with further upside through rent increases and reconfiguration

Location

The property is ideally located for commuters and tenants alike:

Approximately 10 minutes' drive through the Wallasey Tunnel to Liverpool City Centre

Approximately 10 minutes' drive to Birkenhead Central

Excellent access to bus and train routes

Additional Information

Council Tax Band: A (£1,587.87 per annum / £159 pcm)

Guide Price: £210,000

Floorplan: To be completed shortly

Council Tax Band: A (Wirral City Council)
Tenure: Freehold
Parking options: On Street
Garden details: Enclosed Garden

Property information from this agent

About this agent

Point Properties - Liverpool
Point Properties - Liverpool
184-186 Smithdown Road Liverpool, Merseyside L15 3JR
0151 382 0398
Full profileProperty listings
Point Properties is a market leading estate agency providing excellent accommodation to students and professionals across Liverpool. We continuously strive to ensure the letting process with us is as easy and enjoyable as possible as we assist in helping you find your new home. Point Properties was established in 2004 when it became clear that there was a need for a highly professional yet personal lettings agency for our target market within Liverpool. This experience and long standing history has helped us offer a fresh and committed approach to lettings as we strive to provide the best possible customer service to both tenants and landlords. Since then we have a growing portfolio of premium properties, which we are proud to offer throughout the city and beyond. Here at Point Properties, we have a highly-skilled, knowledgeable, enthusiastic and friendly team with much experience, dedicated to providing you with the highest quality service. As we strive to build on our successes and continuously seek ways to improve even further by working closely with our landlords to ensure the standard of our accommodation remains high. Whether you are a student or professional searching for your new perfect home or a landlord looking for a skilled management agency…Point Properties are the one for you!
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