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This property was removed from Dealsourcr.

9 Bed HMO, Birkenhead, CH42 4NT £420,000

2 Woodland Road, Birkenhead, CH42 4NT - 31 views - a year ago
  1. Deal Search
  2. Birkenhead
  3. CH42
  4. CH42 4NT
HMO
ROI: 8%
~279 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Birkenhead
  • More Deals in CH42
  • More HMO Deals
  • More HMO Deals in Birkenhead
  • More HMO Deals in CH42

Property History

Listed for £420,000

October 30, 2024

Sold for £40,000

1996

Floor Plans

Description

  • Tenanted investment property +
  • HMO investment +
  • 9 bedrooms +
  • 4 shower rooms and 1 toilet +
  • Off street parking +
  • Refurbished in the last 18 months +
  • Sold furnished +
  • Approx. 8.6% NET yield +
  • Managed hands-off investment +
  • Invest today +

ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Offered to the market as a ready-made investment, this beautifully converted HMO property presents a fantastic opportunity to acquire a up and running HMO investment. The property is well located within a short commute to a variety of locations through The Wirral and across the water in Liverpool. The property has a modern feel throughout and benefits from an a large driveway providing parking for residents.

This style of investment is high in demand in the and provides a great opportunity for an established investor to expand their portfolio.

A look inside the property:

The property briefly comprises: To the ground floor; Entrance hallway with access to mailboxes and fire alarm panel, kitchen, 2 double bedroooms, 1 shower room and a toilet and a utility room. There is also access into the basement level which previously housed a self contained apartment.

To the first floor, 4 double bedrooms, 2 shower rooms;

To the second floor, 3 further double bedrooms, 1 shower room and a cleaners storage cuoboard.

Externally there are gardens front and rear as well as a large driveway big enough for 5+ vehicles.

Location - Located perfectly for easy access throughout The Wirrall as well as transport links to Liverpool City Centre and beyond, these rooms suit a variety of tenant types.

Located just a short drive away, Wirrall Waters is THE LARGEST AND MOST EXCITING REGENERATION PROJECT IN THE UK.

Revitalising 300 acres of former dockland, Wirral Waters is a pioneering, mixed use, highly sustainable, waterside city extension.
The development has the possibility to transform the derelict site into a sustainable location for local and international businesses, creating 1,000’s of permanent jobs for the Liverpool City Region, as well as offering new housing opportunities.

Points of interest:

- Rock Ferry train station: 10 minutes walk (Direct links to Liverpool Lime street in 13 minutes) 
- Birkenhead: 8 minutes drive 
- Ellesmere Port: 15 minutes drive 
- Clatterbridge & Arrows Park Hospital:  15 minutes drive
- Liverpool City centre: 15 minutes drive, 15 minutes train

Financial Breakdown - Occupancy: Tenanted
Tenure: Freehold
Gross rent: £48,000
Gross yield: 9.6%

Wifi: £960PA
Utilities: Approx. £3600PA (TBC)
Council tax: Approx. £2263.33
Lettings management: £6048PA

NET income: Approx. £36,088.67 PA
NET yield: Approx. 8.6%

Agent Details

Tenanted Property Sales, Yorkshire

03330 410128

Next Steps?

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

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Cashflows

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