Hampden Road

Pure Investor brings to the market this fantastic opportunity to purchase a high-quality, 6-bed, all-en-suite HMO in Birkenhead. A Period property that underwent extensive refurbishment in the last 6 years to a high standard. In addition, the property is being sold fully furnished. The accommodation comprises six bedrooms, all of which are en suite, and the communal kitchen has double hobs, ovens, fridge freezers and sinks, as well as a washing machine and a condenser dryer. The property offers a perfect combination of period features with modern updates and finishes in practical spaces.

This compliant and fully licenced HMO is located just a 2-minute walk from the local hospital attracting professional tenants. All local amenities such as supermarkets, shops and leisure facilities are within easy walking distance. The Green Lane train station is a 9-minute walk which provides easy links in and around the area. With the nearest bus stop only a 3-minute walk away, public transport will allow tenants to easily reach Liverpool city centre within 25 minutes, ideal for commuting as well as for recreational purposes.

INVESTMENT INFORMATION

• Asking price: £275,000.00
• Freehold property
• Income
• Room 1: £475pcm
• Room 2: £475pcm
• Room 3: £475pcm
• Room 4: £475pcm
• Room 5: £450pcm
• Room 6: £400pcm
• Total Income: £2,750pcm (£33,000 pa)
• Expenditure
• Gas: £215pcm
• Water: £30pcm
• Electricity: £194pcm
• Council tax: £111pcm
• TV license: £13.70pcm
• Broadband: £26.50pcm
• Cleaner: £100pcm
• Management: £353pcm
• Total expenses: £1,043.20pcm (£12,518.40 pa)
• Net rental income: £1,706.90pcm (£20,481.60 pa)
• Gross yield: 12%
• Net yield: 7.5%
• HMO license in place from December 2023 for 3 years
• 6 en-suite bedrooms
• Period semi-detached HMO      

Hampden Road - Key Points

Location

Liverpool, United Kingdom