£ 280,000
Added: 26/03/2025
Profit pa£20,310
ROCE23%
Yield15%
Strategy: Buy to Let
This fully licensed HMO is spread over 3 floors and features seven bedrooms, each with its own ensuite shower room. Every bedroom also includes a kitchen or kitchenette for added convenience. Currently, six of the seven rooms are occupied, though the property does not have a sui generis use class to permit all seven rooms to be let—an option that could be explored. The property has an EPC rating of D and falls under Council tax band B.
The purchaser will acquire the freehold upon completion. Conveniently located within walking distance of Warrington Hospital, this property offers an excellent investment opportunity. Enquire for full details.
The financials:
▪ Purchase price: £280,000
▪ GDV: £300,000
▪ Annual profit: £20,310
▪ ROCE: 23%
▪ Yield: 15%
▪ Annual rent: £44,400
▪ Fee: £5,000
Sourced reference: 593356718868436
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.
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