- HMO Investment Opportunity +
- 6 Bedrooms +
- Estimated Rental Value of £35,220 +
- Hands-Off Investment +
- Top Specification +
*HMO INVESTMENT OPPORTUNITY* Presenting this 6 Bedroom HMO opportunity in a central Liverpool location.
Located in Vauxhall, Liverpool, this townhouse is set over 4 floors and is operating as a HMO (House of Multiple Occupancy) and has been historically for 8+ years.
The property previously been let to students (successfully) but after recently refurbishing the property made the switch over to professional tenants. A prospective buyer would have the option to switch back to students should they wish for the 26/27 Academic year.
Once fully let, the property would achieve in the region of £35,220 equating to a 12.3% gross yield, a very competitive figure for its central location. One of the rooms is just about to be finished getting refurbished and hence has been vacant whilst works are going ahead. This is the smallest room. With this room currently empty, the gross rent is £30,120.
The property has a HMO License in place.
The estimated monthly running costs are as follows:
Gas - £150.00
Electricity - £150.00
Water - £40.00
Broadband - £30.00
TV License - £15.00
Council Tax - £140.00
The above does not include management or maintenance. The above are estimates only.