10 bedroom house share

A three storey, mid terrace 10 bedroom HMO + Fully let and producing a total annual income of £50,700p.a. + Located circa 1 mile from Southport beach and approximately half a mile from Southport Railway Station + Offered on behalf of a private client- Fully let 10 bedroom HMO Description The property provides a three storey 10 bedroom HMO. The ground floor provides rooms 1, 2 and 3, plus a shared kitchen. The first floor comprises rooms, 4, 5, 6 plus a shared kitchen The second floor provides rooms 7, 8 and 9 plus a shared kitchen, Room 10 is located within the basement. Each bedroom has an ensuite shower room. Bedroom numbers 4 and 7 are larger rooms. Location Bath Street is located close to the centre of Southport and provides a mixture of uses to include residential apartments, HMOs, and B&B / guest house accommodation. Southport Beach is circa 1 mile away and the railway station is around half a mile from the property. There is a range of local amenities close to the subject. Bath Street is accessed via Lord Street, which is the main A road that links Preston to Liverpool via Southport and Formby along the west coast. Accommodation Total- 221m2 / 2,379 sq.ft. Please see brochure for breakdown of room sizes. Outside Externally, there is off street parking to the front of the property. To the rear there is a shared yard with access out to the bin store. Tenure Freehold Tenancies Fully let and producing a total annual income of £50,700p.a.Rooms are let for rates between £90pppw and £110pppw on a combination of ASTs and LTOs. Please see brochure for breakdown per room.

Details

Bedrooms
10

Purchase Price £
325000

ROI %
16.00

Cashflow(PCM) £
1308