Welcome to a lucrative investment opportunity in the heart of Birkenhead. This spacious 6-bedroom House in Multiple Occupation (HMO) promises substantial returns for savvy investors.
Key Features:
Prime Location: Situated in a highly sought-after area, this property enjoys excellent transport links, close proximity to local amenities, and easy access to the city centre.
Flexible Layout: Originally designed as a 7-bed HMO, this property has been strategically planned to convert into a profitable 6-bedroom accommodation. With pre HMO approval.
Partial Completion: The property has undergone significant renovations up to the first fix stage, saving you time and effort. Approximately £40,000/50,000 investment is required to complete the finishing touches, offering you the opportunity to add significant value.
Spacious Interior: Boasting generous living spaces, each room is designed to maximise comfort and functionality. The well-lit bedrooms provide ample space for tenants' belongings and relaxation.
Modern Amenities: Future tenants will enjoy modern amenities, including a fully-equipped kitchen, stylish bathrooms, and communal areas designed for socialising and relaxation.
High Rental Demand: With the growing demand for quality accommodation in the area, securing tenants for this HMO will be a breeze. Enjoy consistent rental income and attractive returns on your investment.
Figures: Rent per room - £550 x 6 = £3,300PCM x 12 - Approx annual earning: £39,600
Profitable Investment: Whether you're a seasoned investor or exploring your first venture, this property promises lucrative returns. Take advantage of the thriving rental market and capitalise on this excellent investment opportunity.