House For Sale £275,000
This is an investment opportunity to purchase an HMO property in Wallasey generating £27,360 rent pa & a gross yield of 9.9%.
Please note that this property is also part of a small portfolio listing and the vendor is open to selling the units individually.
Property information:
- HMO licence being renewed for the 2nd time
- The council will supply the certificate imminently, the application was made in July 2022 and no arrangements for site inspections have been called. The property is well-known.
- HMO licence will permit 8 people/units
- 6 x bedrooms
- 2 x shared bathrooms
- 1 x shared kitchen/lounge
- Garden to the rear, access via the lounge
- Off-road parking for 2 cars at the front of the property
- EPC rating D
- Council tax band A
Rental information:
-Room 1 - £385 pcm
- Room 2 - £385 pcm
- Room 3 - £365 pcm
- Room 4 - £375 pcm
- Room 5 - £385 pcm
- Room 6 - £385 pcm
- Monthly rental income: £2,280
- Annual rental income: £27,360
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £110 pcm
- Gas & electricity: £250 pcm
- Water: £50 pcm
- Broadband: £50 pcm
- Total cost pcm: £460
- Total cost pa: £5,520
Location information:
- The property is located in the Liscard ward of Wallasey
- Liscard centre is approximately 0.4 miles from the property
- There is a bus stop near the property with regular services
- Wallasey Village railway station is the nearest station and lies around 1.6 miles from the property
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
Please note that this property is also part of a small portfolio listing and the vendor is open to selling the units individually.
Property information:
- HMO licence being renewed for the 2nd time
- The council will supply the certificate imminently, the application was made in July 2022 and no arrangements for site inspections have been called. The property is well-known.
- HMO licence will permit 8 people/units
- 6 x bedrooms
- 2 x shared bathrooms
- 1 x shared kitchen/lounge
- Garden to the rear, access via the lounge
- Off-road parking for 2 cars at the front of the property
- EPC rating D
- Council tax band A
Rental information:
-Room 1 - £385 pcm
- Room 2 - £385 pcm
- Room 3 - £365 pcm
- Room 4 - £375 pcm
- Room 5 - £385 pcm
- Room 6 - £385 pcm
- Monthly rental income: £2,280
- Annual rental income: £27,360
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £110 pcm
- Gas & electricity: £250 pcm
- Water: £50 pcm
- Broadband: £50 pcm
- Total cost pcm: £460
- Total cost pa: £5,520
Location information:
- The property is located in the Liscard ward of Wallasey
- Liscard centre is approximately 0.4 miles from the property
- There is a bus stop near the property with regular services
- Wallasey Village railway station is the nearest station and lies around 1.6 miles from the property
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
Houses For Sale The Mount
Houses For Sale Belgrave Avenue
Houses For Sale Bryn Bank
Houses For Sale The Grange
Houses For Sale Ferndale Avenue
Houses For Sale Belgrave Street
Houses For Sale Park Street
Houses For Sale The Summit
Houses For Sale Rydal Bank
Houses For Sale Central Park Avenue
Houses For Sale Empress Road
Houses For Sale Oxford Road
Houses For Sale Eaton Avenue
Houses For Sale Trafalgar Road
Houses For Sale Martin's Lane
Houses For Sale Serpentine Road
Houses For Sale Belgrave Avenue
Houses For Sale Bryn Bank
Houses For Sale The Grange
Houses For Sale Ferndale Avenue
Houses For Sale Belgrave Street
Houses For Sale Park Street
Houses For Sale The Summit
Houses For Sale Rydal Bank
Houses For Sale Central Park Avenue
Houses For Sale Empress Road
Houses For Sale Oxford Road
Houses For Sale Eaton Avenue
Houses For Sale Trafalgar Road
Houses For Sale Martin's Lane
Houses For Sale Serpentine Road
