For Sale
GBP139,950
Morecambe LA3
3 bd
1 ba
Semi-detached house
Listed by Hayley Baxter - Morecambe
For Sale
1 of 130
Photo 1
GBP210,000
Wallasey CH44
Wallasey CH44
4 beds
4 baths
Terraced house
About this home
Property Details: - Type: Terraced house - Bedrooms: 4 - Bathrooms: 4
Agent: Point Properties - Liverpool Phone: 0151 382 0398
Point Properties are delighted to present this outstanding investment opportunity: a fully let, high-end 4-bedroom, 4-bathroom HMO.<br/><br/>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.<br/><br/>Current Rental Income (per room):<br/><br/>Room 1 - £410 pcm<br/><br/>Room 2 - £485 pcm<br/><br/>Room 3 - £550 pcm<br/><br/>Room 4 - £495 pcm<br/><br/>Total rent roll: £23,280 per annum<br/><br/>Monthly Operating Costs (excluding insurance and mortgage):<br/><br/>TV Licence - £14.95<br/><br/>Council Tax - £159.00<br/><br/>Broadband - £38.40<br/><br/>Utilities - £207.66<br/><br/>Management (8% + VAT) - £186.24 pcm<br/><br/>Total monthly costs: £606.85<br/>Net monthly income (before finance costs): £1,333<br/><br/>Key Investment Highlights<br/><br/>Fully let, high-end HMO with nothing required<br/><br/>High-quality conversion and refurbishment completed at a cost of circa £80,000<br/><br/>Low ongoing maintenance and excellent long-term durability<br/><br/>Strong tenant demand and consistently low voids<br/><br/>Potential to increase rental income via licence-approved fifth bedroom<br/><br/>Gross yield of approximately 11%, with further upside through rent increases and reconfiguration<br/><br/>Location<br/><br/>The property is ideally located for commuters and tenants alike:<br/><br/>Approximately 10 minutes' drive through the Wallasey Tunnel to Liverpool City Centre<br/><br/>Approximately 10 minutes' drive to Birkenhead Central<br/><br/>Excellent access to bus and train routes<br/><br/>Additional Information<br/><br/>Council Tax Band: A (£1,587.87 per annum / £159 pcm)<br/><br/>Guide Price: £210,000<br/><br/>Floorplan: To be completed shortly<br/><br/>Council Tax Band: A (Wirral City Council)<br/>Tenure: Freehold<br/>Parking options: On Street<br/>Garden details: Enclosed Garden<br/>
Property facts
Property type
Terraced house
Bedrooms
4
Bathrooms
4
Days on market
99 days
Location
Approximate location · exact address shared on inquiry
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PP
Point Properties - Liverpool
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