House For Sale £330,000
SPACIOUS DETACHED HMO RESIDENCE IN SOUTHPORT
We are thrilled to present this expansive HMO property, brimming with the possibility of generating even greater income! Positioned on Leyland Road, at the heart of Southport, this property enjoys close proximity to the bustling high street, Southport beach, and convenient transport links to Liverpool.
Comprising of the current layout, the property features six comfortable bed-sitting rooms and two well-appointed one-bedroom flats. The two one-bedroom flats offer the flexibility of being reconfigured into self-contained rooms, thereby amplifying rental potential, or retained as flats for increased revenue. On the ground floor, you'll discover two generously sized rooms complete with their own kitchen facilities and toilets, along with a spacious one-bedroom flat boasting an independent kitchen and bathroom. Additionally, a utility area with a shared shower is also located on this level. Progressing to the first floor, you'll find a well-appointed bedsit, three communal bathrooms, a one-bedroom flat, and another self-contained flat. Ascending to the top floor, two bedsits with a communal bathroom are presently occupied by a single tenant.
The property currently commands a rental income of £22,536; however, its potential rental income could soar to approximately £40,000 annually, resulting in an impressive yield of 12.1%.
Moreover, the substantial basement area offers an enticing opportunity for conversion into a 1 to 2-bedroom apartment, potentially generating an additional £7,000 per annum in revenue.
Freehold property
Bills are paid by LL
Council Tax Band B
EPC Rating C/D
Hallways
Large hallway leading to the two rooms on the ground floor, one bedroom flat, utility room and basement. Second floor leading to three bathrooms, two studio rooms and the second one bedroom flat. Third floor has two studio rooms and another communal bathroom.
Room 1
Studio room with kitchen and toilet.
Kitchen
Kitchen
Room 2
Studio room with kitchen and toilet.
Kitchen
Kitchen
Ground floor flat
Ground floor flat which can be converted back to two rooms or kept as a one bedroom for a higher rent. Includes bedroom with kitchenette, reception room, large kitchen and bathroom. Own access at the side of the property.
Kitchen
Kitchen in the one bedroom flat.
Bedroom 3
Studio room with kithenette
Kitchen
Kitchen
Bathroom 1
Bathroom for the one bedroom flat on ground floor.
Bedroom 4
Bedroom 4
Kitchen
Kitchen
Bathroom 2
Communal bathroom
Bathroom 3
communal bathroom.
Utility Room
Utility room with shower cubicle.
Reception 2
Recpetion area with kitchentte.
Kitchen
Kitchen
Bedroom 5
Bedroom for the one bedroom flat on the first floor.
En Suite for flat
En suite just off the bedroom for the flat.
Bathroom 4
Communal bathroom
Bedroom 6
Studio room with kithenette
Kitchen
Kitchen
Toilet for room 6
Toilet with wash basin.
Bedroom 7
Studio room with kithenette
Kitchen
Kitchen
Bedroom 8
Studio room with kithenette
Kitchen
Kitchen
Bathroom 6
Communal bathroom
Basement
Large basement area,
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
We are thrilled to present this expansive HMO property, brimming with the possibility of generating even greater income! Positioned on Leyland Road, at the heart of Southport, this property enjoys close proximity to the bustling high street, Southport beach, and convenient transport links to Liverpool.
Comprising of the current layout, the property features six comfortable bed-sitting rooms and two well-appointed one-bedroom flats. The two one-bedroom flats offer the flexibility of being reconfigured into self-contained rooms, thereby amplifying rental potential, or retained as flats for increased revenue. On the ground floor, you'll discover two generously sized rooms complete with their own kitchen facilities and toilets, along with a spacious one-bedroom flat boasting an independent kitchen and bathroom. Additionally, a utility area with a shared shower is also located on this level. Progressing to the first floor, you'll find a well-appointed bedsit, three communal bathrooms, a one-bedroom flat, and another self-contained flat. Ascending to the top floor, two bedsits with a communal bathroom are presently occupied by a single tenant.
The property currently commands a rental income of £22,536; however, its potential rental income could soar to approximately £40,000 annually, resulting in an impressive yield of 12.1%.
Moreover, the substantial basement area offers an enticing opportunity for conversion into a 1 to 2-bedroom apartment, potentially generating an additional £7,000 per annum in revenue.
Freehold property
Bills are paid by LL
Council Tax Band B
EPC Rating C/D
Hallways
Large hallway leading to the two rooms on the ground floor, one bedroom flat, utility room and basement. Second floor leading to three bathrooms, two studio rooms and the second one bedroom flat. Third floor has two studio rooms and another communal bathroom.
Room 1
Studio room with kitchen and toilet.
Kitchen
Kitchen
Room 2
Studio room with kitchen and toilet.
Kitchen
Kitchen
Ground floor flat
Ground floor flat which can be converted back to two rooms or kept as a one bedroom for a higher rent. Includes bedroom with kitchenette, reception room, large kitchen and bathroom. Own access at the side of the property.
Kitchen
Kitchen in the one bedroom flat.
Bedroom 3
Studio room with kithenette
Kitchen
Kitchen
Bathroom 1
Bathroom for the one bedroom flat on ground floor.
Bedroom 4
Bedroom 4
Kitchen
Kitchen
Bathroom 2
Communal bathroom
Bathroom 3
communal bathroom.
Utility Room
Utility room with shower cubicle.
Reception 2
Recpetion area with kitchentte.
Kitchen
Kitchen
Bedroom 5
Bedroom for the one bedroom flat on the first floor.
En Suite for flat
En suite just off the bedroom for the flat.
Bathroom 4
Communal bathroom
Bedroom 6
Studio room with kithenette
Kitchen
Kitchen
Toilet for room 6
Toilet with wash basin.
Bedroom 7
Studio room with kithenette
Kitchen
Kitchen
Bedroom 8
Studio room with kithenette
Kitchen
Kitchen
Bathroom 6
Communal bathroom
Basement
Large basement area,
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
