8 bedroom semi-detached house

Investment Opportunity + Student Accommodation + Semi Detached + Close To Ormskirk Town Centre + Vacant Possession + Thomas Samuel are pleased to present a fantastic investment opportunity to acquire an eight bedroom property suitable for student lets. Situated close to Ormskirk Town Centre with its array of local shops and amenities the location is ideally suited for students with just a short walk to Edge Hill University. The property briefly comprises a welcoming entrance hallway with two bedrooms off to the right and a spacious kitchen with an array of wall and base units with contrasting work surfaces and fitted oven, with access through to the living room at the rear. Ascending the stairs to the first floor from the rear living room, a further bedroom can be found. Ascending the stairs from the entrance hallway, a further four bedrooms can be found. A downstairs toilet and communal shower room completes the living spaces. The property is offered with vacant possession and benefits from gas central heating and double glazing throughout. Viewing is highly recommended to appreciate the accommodation on offer. The property has planning permission and a HMO license to rent 6 of the bedrooms to student tenants. With further modifications there is the potential the rent the property to 8 student tenants generating an annual return of more than Ł50,000. Council Tax Band – B EPC Rating: D

Details

Bedrooms
8

Purchase Price £
330000

ROI %
17.00

Cashflow(PCM) £
1416