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6 Bed HMO, Ormskirk, L39 2DE £370,000

Derby Street, Ormskirk, L39 2DE - a year ago
  1. Deal Search
  2. Ormskirk
  3. L39
  4. L39 2DE
HMO
Inside Article 4
ROI: 7%
~163 m²

ValuationOvervalued

AI score: 95/100. Please verify valuations.

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Links

  • More Deals in Ormskirk
  • More Deals in L39
  • More HMO Deals
  • More HMO Deals in Ormskirk
  • More HMO Deals in L39

Property History

Listed for £370,000

September 10, 2024

Sold for £76,000

1996

Floor Plans

Description

  • NO UPWARD CHAIN +
  • SEMI-DETACHED PROPERTY +
  • LIVING ROOM +
  • KITCHEN/DINER +
  • SIX BEDROOMS, TWO COMPRISING EN-SUITE +
  • FAMILY BATHROOM +
  • CELLER +
  • FRONT & REAR GARDEN +
  • GREAT LOCATION +
  • HMO LICENCE +

**SUMMARY ** NO UPWARD CHAIN – INVESTMENT OPPORTUNITY WITH STUDENTS IN SITU An excellent investment opportunity in a highly popular student location, this spacious semi-detached HMO property comes with 25/26 students currently in situ, with students already signed up for the 26/27 academic year, offering immediate income and long-term security. The property delivers a strong rental yield and is ideally suited to student living thanks to its large, generous communal spaces. Situated on Derby Street, the property is conveniently located within easy reach of Ormskirk town centre, Edge Hill University, local amenities and transport links, making it a consistently high-demand location for student tenants. The ground floor comprises a welcoming entrance hall, a spacious living room providing an ideal communal area for students, a large bedroom with en-suite, and a well-proportioned kitchen and dining area designed for shared living. To the lower ground floor is a generously sized cellar offering additional storage. To the first floor, the property boasts a master bedroom with en-suite, four further large student bedrooms, and a family bathroom, all well laid out to maximise comfort and practicality for multiple occupants. Externally, the property benefits from gardens to both the front and rear. A particular standout feature is the ample driveway parking to both the front and rear of the property, a rare and unique advantage for a student rental, providing off-road parking for multiple vehicles. The property holds a valid HMO licence and represents a turnkey investment in a proven student market. Viewings are highly recommended to fully appreciate the space, location and income potential on offer. **FRONT DOOR & ENTRANCE HALL ** Wooden front door leading into the entrance hall. Staircase leading to the first floor. Door to :-  LIVING ROOM Bay window to the front aspect. Gas fire with surround and mantle. TV point. Wall lighting.    BEDROOM Window to the rear aspect. Door leading to the en-suite comprising WC, hand washbasin, walk in shower.  Extractor fan.  KITCHEN/DINER Window to side aspect, fitted kitchen with a range of matching wall and base units, laminate worktops and stainless steel 1½ sink unit with drainer. Plumbing and space available for electric oven, washing machine, tumble dryer and fridge/freezer.    Breakfast bar.  Space for dining table and chairs.  Part tiled walls and vinyl flooring. Window to the side aspect. Patio doors to the rear aspect leading into the rear garden. Side door.    **LOWER GROUND FLOOR ** Stairs accessed to the lower ground floor from the entrance hall. **CELLAR ** Window to the rear aspect.  Generous room with concrete floor, which make an ideal workshop room.  Power and light. FIRST FLOOR STAIRS AND LANDING Staircase leading to the first floor, split landing.  Doors to :-  BEDROOM Window to the front aspect.  BEDROOM Window to the front aspect.  BEDROOM Window to the side aspect.  BEDROOM Window to the rear aspect.  BATHROOM Window to the side aspect.  Bathroom suite comprising WC, pedestal hand washbasin, walk in shower with power shower attachment, extractor fan, part tiled walls and tiled flooring.  BEDROOM Window to the rear aspect.   Door to :-  EN-SUITE Bathroom suite comprising WC, pedestal hand washbasin, shower, chrome ladder radiator, extractor fan, tiled walls and laminate flooring.   OUTSIDE FRONT GARDEN Low maintenance front aspect with paved driveway providing off road parking.   REAR GARDEN Enclosed rear garden with gravel area and garden shed.  ADDITIONAL INFORMATION the property has a gas central heating system.   Please note the property has solar panels.  ENERGY PERFORMANCE RATING The property's current energy rating is 69C. It has the potential to be 78C.  LOCAL AUTHORITY West Lancashire Borough Council, Council Tax - Band C.  SERVICES (NOT TESTED) No tests have been made of mains services, heating systems or associated appliances and neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot therefore confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor. TENURE PLEASE NOTE: We cannot confirm the Tenure of this property and any prospective purchaser is advised to obtain verification from their solicitor, mortgage provider or surveyor. VIEWINGS Viewing strictly by appointment through the Agents.

Agent Details

Ian Anthony Estates, Ormskirk

01695 317402

Next Steps?

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

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Cashflows

AI score: 95/100. Please verify calculations.

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