Potential 4-Bed HMO, Warrington, WA1 4BD, £265,000

Cliftonville Road, Woolston, Warrington, WA1 4BD - 6 views - 6 months ago

Sold STC
HMO
Planning
ROI: 7%
~93 m²
+6 photos

ValuationUndervalued











Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£2,220

Running Costs/mo

£1,759

Cashflow/mo

£461

Cashflow/yr

£5,532

ROI

7%

Gross Yield

10%













Property History

Listed for £265,000

August 27, 2024

Floor Plans

Description

  • Detached property +
  • Was originally 2 semi detached properties +
  • In an excellent plot +
  • Three bedrooms (could easily be adapted to make a 4th bedroom) +
  • No onward chain +

This detached property was originally 2 semi detached properties which have been converted a number of years ago to provide a good size detached house in an excellent plot.

An exciting opportunity to purchase a detached property that offers development potential to create two properties or even an HMO subject to relevant planning permissions. The accommodation currently comprises: two reception rooms, a kitchen and a downstairs bathroom and three double bedrooms to the first floor, one of which could easily be adapted to provide a further bedroom. Externally there are gardens to the front and rear, a large shed which is accessed from the back. NO CHAIN

Agent Details

Gascoigne Halman, Stockton Heath

01925 984149

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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