For sale by auction 13th September 2017 at Liverpool Town Hall
WHY BUY?
10 x bedroom HMO
Fully furnished
Close to Sefton Park
Potential income £53,040pa
Ideal student investment
DESCRIPTION
This is a large semi-detached fully licensed 10 bedroom HMO. The property currently has 5 x bedrooms let at a combined income of £1911pcm/£22,932pa to young professionals. 6 of the bedrooms benefit from en-suite shower rooms while there are a further 2 x communal shower rooms to service the other 5 x bedrooms. There is a large communal lounge/dining room and a large fully fitted modern kitchen to the ground floor and additional smaller fitted kitchen to the first floor. To the rear there is a shared yard while there is ample on-street parking to the front. The current owner has aimed the property at the young professionals market but this properties, size, quality and location could make it an ideal student let. If each en-suite room was let at £110pppw all inclusive and the double bedrooms let at £90pppw all inclusive, then the total gross rental potential would be £53,040pa.
LOCATION
Accessed from Smithdown & Croxteth Roads. Close to Sefton Park, Lark Lane and Smithdown Road with plenty of shops, bars and other amenities within walking distance. There are regular buses to Liverpool City Centre and all universities on Smithdown and Croxteth Roads.
ACCOMMODATION
Ground floor: Entrance hall, living/dining room, kitchen, bedroom 1 & 2, storage cupboard
First floor: Shower room, kitchen, bedroom 3,4,5 & 6, shower room 2
Second floor: bedrooms 7,8,9 & 10
Outside: Yard to rear, on-street parking to front
Bedroom 1: En-suite - tenanted at £370pcm
Bedroom 2: En-suite - vacant
Bedroom 3: Double - vacant
Bedroom 4: En-suite - tenanted at £370pcm
Bedroom 5: En-suite - tenanted at £390pcm
Bedroom 6: Double - vacant
Bedroom 7: Double - vacant
Bedroom 8: En-suite - tenanted at £369pcm
Bedroom 9: En-suite - tenanted at £412pcm
Bedroom 10: Double - vacant