FOR SALE BY ONLINE AUCTION - A tenanted nine bedroom all ensuite HMO let to working professionals producing £54,000 per annum when fully tenanted
Description
Freehold semi-detached house
9 ensuite bedroom tenanted HMO
2 Communal kitchens, dining spaces and reception rooms
Fully renovated to a high standard throughout
Fully managed HMO in a prime location
Current rental income of £48,000 per annum
Rental income of £54,000 per annum when fully let
Representing a gross yield of 16.7% on guide when fully let
Sui Generis planning permission in place
Location
Situated on the well-connected Litherland Road in Bootle, the property benefits from convenient access via the A5036 and A565. Providing direct routes to Bootle town centre, Liverpool city centre, and Aintree University Hospital. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks. The property is also conveniently located near Hugh Baird College and benefits from proximity to Liverpool's strong and diverse job market, with the area undergoing ongoing regeneration including a £20 million shopping centre development.
Transport links are provided by both Bootle New Strand and Seaforth & Litherland Rail Stations.
Planning
Planning granted through Sefton Council: Ref DC/2019/02023 (06-11-2019)
Change of use to convert two properties (90 & 90A Litherland Road) into a House in Multiple Occupation (sui generis) (up to 9 persons) including erection of a second-floor dormer to the rear and external alterations.
HMO Compliance
- HMO Licence
- EICR (Electrical Installation Condition Report)
- Fire Risk Assessment
- Fire Safety Certificate
Copies of these documents can be found within the legal pack