5 Bed HMO, Ormskirk, L39 1LN, £265,000

Southport Road, Ormskirk, L39 1LN - 2 views - 2 months ago

HMO
ROI: 12%
~178 m²
+9 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Room Rate

£542

Gross Rent

£2,710

Running Costs/mo

£1,952

Cashflow/mo

£758

Cashflow/yr

£9,096

ROI

12%

Gross Yield

12%













Property History

Listed for £265,000

January 29, 2025

Floor Plans

Description

  • Currently offered as a 5 bedroom HMO property +
  • Fantastic Central Ormskirk Location Within A Short Walk Of Edge Hill University And Local Amenities +
  • The property has a potential gross return in excess of £30,000 with full occupancy +
  • Lounge Area And Modern Kitchen With A Range Of Integrated Appliances +
  • Double Glazing And Gas Central Heating Throughout +

Welcome to this inviting 5 bedroom property nestled in the heart of the vibrant town of Ormskirk. Boasting a prime location within a stone's throw of Edge Hill University and a host of local amenities, this home offers a fantastic opportunity for those seeking a convenient and bustling lifestyle.

Currently set up as a 5 bedroom House of Multiple Occupancy (HMO), this property presents a unique chance for investors or those looking to accommodate multiple occupants. With a potential gross return exceeding £30,000 with full occupancy, the financial prospects are certainly appealing.

Upon entering the property, you are greeted by a welcoming lounge area, perfect for relaxation or entertaining guests. The modern kitchen is equipped with a range of integrated appliances, ensuring that meal preparation is a breeze. The property benefits from double glazing and gas central heating throughout, providing comfort and energy efficiency all year round.

This home is being offered with no chain, allowing for a smooth and straightforward transaction process. Whether you are expanding your property portfolio or looking for a place to call home, this property ticks all the boxes in terms of location, convenience, and potential investment return.

The charm of Central Ormskirk is right at your doorstep, offering a vibrant community atmosphere and a wealth of amenities just a short walk away. From trendy cafes and bustling markets to green spaces and convenient transport links, everything you need is within easy reach.

Don't miss out on the chance to own a property with such lucrative earning potential in a sought-after location. Book your viewing today and discover the endless possibilities that this 5 bedroom HMO property has to offer.
EPC Rating: C

Agent Details

Thomas Samuel, Ormskirk

01695 664315

Next Steps?

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

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