This is an investment opportunity to purchase a 10-unit portfolio in Warrington which generates a 6.6% gross yield.
The vendor is open to selling the units individually for which we have separate property listings.
Portfolio information:
- The portfolio comprises 10 terraced houses:
-- 1 x 4-bed HMO, fully licenced
-- 1 x 3-bed HMO, fully licenced
-- 3 x 3-bed houses
-- 5 x 2-bed houses
- All properties are being sold on a leasehold basis
- EPC ratings: C & D
- Council tax bands: A & B
Leasehold information:
- Length of leases: Varying between 930 and 999 years
- Year leases started: Varying between 1892 and 1957
- Years left on leases: Varying between 845 and 902 years (from 2022)
- Service charges: N/a
- Service charge review periods: N/a
- Ground rents: Peppercorn
- Ground rent review periods: N/a
Rental income:
All properties are let and achieve:
- Aggregate monthly rental income: £8,119.96
- Aggregate annual rental income: £97,439.52
- Aggregate gross yield: 6.6%
Location information:
- The properties are located in central Warrington
- All are within walking distance of the shopping centre, bus and railway stations
- See our map view for details below
Available upon request:
- Portfolio breakdown
- Running costs for the HMOs
- EPCs for all units
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.