Point Properties are delighted to present this outstanding investment opportunity: a fully let, high-end 4-bedroom, 4-bathroom HMO.
This superbly finished property offers strong and consistent returns, low maintenance costs, and minimal void periods. There is also potential to create a fifth bedroom, subject to obtaining the relevant HMO licence, which could generate an additional £5,400 per annum in rental income.
Current Rental Income (per room):
Room 1 – £410 pcm
Room 2 – £485 pcm
Room 3 – £550 pcm
Room 4 – £495 pcm
Total rent roll: £23,280 per annum
Monthly Operating Costs (excluding insurance and mortgage):
TV Licence – £14.95
Council Tax – £159.00
Broadband – £38.40
Utilities – £207.66
Management (8% + VAT) – £186.24 pcm
Total monthly costs: £606.85
Net monthly income (before finance costs): £1,333
Key Investment Highlights
Fully let, high-end HMO with nothing required
High-quality conversion and refurbishment completed at a cost of circa £80,000
Low ongoing maintenance and excellent long-term durability
Strong tenant demand and consistently low voids
Potential to increase rental income via licence-approved fifth bedroom
Gross yield of approximately 11%, with further upside through rent increases and reconfiguration
Location
The property is ideally located for commuters and tenants alike:
Approximately 10 minutes’ drive through the Wallasey Tunnel to Liverpool City Centre
Approximately 10 minutes’ drive to Birkenhead Central
Excellent access to bus and train routes
Additional Information
Council Tax Band: A (£1,587.87 per annum / £159 pcm)
Guide Price: £210,000
Floorplan: To be completed shortly
Council Tax Band: A (Wirral City Council)
Tenure: Freehold
Parking options: On Street
Garden details: Enclosed Garden
Reference: RS0112