Hampden Road, Birkenhead, Wirral, Merseyside, CH42

Property Details: • Type: End of Terrace • Tenure: N/A • Floor Area: N/A

Key Features: • High Quality HMO • Gross Yield: 12.1% • Period Semi Detached Property • Gross Income: £33,300 PA • Six En-Suite Bedrooms • Outgoings Costs Provided

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 125 Deansgate, Manchester, M3 2LH

Full Description: Pure Investor brings to the market this fantastic opportunity to purchase a high-quality, 6-bed, all ensuite 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 is a compliant HMO 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 o Room 1: £475pcm o Room 2: £475pcm o Room 3: £475pcm o Room 4: £475pcm o Room 5: £450pcm o Room 6: £400pcm o Total Income: £2,750pcm (£33,000 pa)

- Expenditure o Gas: £215pcm o Water: £30pcm o Electricity: £194pcm o Council tax: £111pcm o TV license: £13.70pcm o Broadband: £26.50pcm o Cleaner: £100pcm o Management: £353pcm o Total expenses: £1,043.20pcm (£12,518.40 pa)

- Net profit: £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