Raffles Road, Birkenhead, Wirral
About this home
Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: 1436 sqft
Key Features: • Terraced house • Great investment opportunity • Gross potential yield 11.1% • Licenced HMO • 5 Bedrooms • 3 En-suites • Further shower room • Communal Kitchen/dining room • Great location • Sold with tennats in situ
Location: • Nearest Station: Birkenhead Central Station • Distance to Station: 0.47108435161380524 miles
Agent Information: • Address: 347 Woodchurch Road, Prenton, CH42 8PE
Full Description: Fantastic investment opportunity. Set over three floors this 5 bedroom licenced HMO has tenants in situ. Potential gross yield of approximately 11.1%. Three ensuite rooms, two further double bedrooms. Modern kitchen dining room and outside patio area.<br /><br />An excellent investment opportunity to acquire a five-bedroom HMO. <br />Set across three floors, the property provides well-configured accommodation comprising five lettable bedrooms, including three with en-suite facilities, while the remaining two bedrooms share a communal bathroom.<br /><br />The property benefits from a modern fitted kitchen/dining room. Based on current rental figures, the property has the potential to generate a gross monthly income of approximately £2,500, equating to a gross yield of around 11.1%.<br /><br />Ideally positioned with excellent transport links and convenient access to local amenities, the location is well suited to attracting a strong tenant base.<br /><br />Early viewing is highly recommended to appreciate the accommodation and investment potential on offer.