Potential 4-Bed HMO, Warrington, WA5 1TB, £126,900

Leicester Street, Warrington, WA5 1TB - 6 months ago

Sold STC
HMO
ROI: 26%
~97 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,725

Stamp Duty & Legal Fees

£7,545

Total Cash In

£39,270

 

 

Cash Out

 

Room Rate

£524

Gross Rent

£2,096

Running Costs/mo

£1,257

Cashflow/mo

£839

Cashflow/yr

£10,064

ROI

26%

Gross Yield

20%













Property History

Price changed to £126,900

December 18, 2024

Listed for £129,500

September 17, 2024

Floor Plans

Description

  • Freehold +
  • No Chain +
  • Ideal Investment Opportunity +
  • Three Double Bedrooms +
  • Large Kitchen/Diner +
  • Rear Garden +
  • CTB A/ EPC grade C +

Situated just moments away from Warrington hospital is this three double bedroom terrace property available for sale with vacant possession and benefitting from a Freehold Title.

The need for updating presents an exciting opportunity for buyers to add their personal touch and increase the property's value or an ideal project to turn into a HMO making it an ideal investment.

Internally you are greeted with a spacious entrance hallway with stairs to the first floor, downstairs WC, a large lounge and an open plan kitchen / diner. Upstairs there are three double bedrooms, a walk in shower room and landing space. The rear garden is fully enclosed with laid to lawn grass, patio area and gated access from the front.

Viewings are Highly recommended!

Agent Details

New Way Homes, Penketh

01925 986064

Next Steps?

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

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