Our latest listing is an exciting opportunity in the form of an 11-bedroom HMO and commercial unit in St. Helens. In a town centre location with transport links and local amenities in close proximity, this is the perfect opportunity for someone who wants to invest in real estate.

This multi-unit property consists of a 9 bedroom HMO with shared facilities like 6 bathrooms, spacious lounge and kitchen, 2 studio flats with their own bathroom and kitchen, and a commercial unit on the ground floor including basement. It's a salon with large primary business area, treatment rooms, bar, bin store, and office space in good and modern condition.

The HMO and studio flats are available on a Social Housing contract providing guaranteed rent on flexible lease terms of 5 to 25 years. The Commercial Unit is currently tenanted, the tenant has recently invested £250k in the refurbishment demonstrating strong commitment and steady returns for years to come.

The financials:
▪ Purchase price: £1,000,000
▪ Annual profit: £41,192
▪ ROCE: 13%
▪ Yield: 10%

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.