- SUPERB INVESTMENT OPPORTUNITY +
- HMO LICENCE GRANTED +
- 7 RENTAL UNITS +
- 6 BEDSITS +
- 1 FULLY SELF CONTAINED FLAT +
- 11% INVESTMENT YIELD +
- SOUGHT AFTER LOCATION +
- SOLD WITH TENANTS IN SITU +
- GARAGES +
- VIEWINGS AVAILABLE UPON REQUEST +
***OVER 11% INVESTMENT YIELD ON OFFER!!! A FULLY LICENSED HMO!!!**NO CHAIN & FREEHOLD***
Flexi Agent are delighted to offer this exciting investment opportunity, a detached property split into seven flats. Located on Duke St, it is located in a highly sought after location with easy access to Southport town centre.
Sold with tenants in situ, there are six bed-sits sharing two bathrooms and one fully self-contained flat (being called flat seven which is located on the first floor) and 5 garages generating an income of £500pcm all together producing an annual income of £35,232 per annum. This is based on the current rental income which hasn't increased yet.
Electricity is on a payment card and current rent includes gas, water & council tax. Flat 7 pays council tax and gas.
Sefton Council landlord licence HMO granted.
Current rental incomes;
Flat 1 - £325pcm
Flat 2 - £325pcm
Flat 3 - £346pcm
Flat 4 - £325pcm
Flat 5 - £360pcm
Flat 6 - £325pcm
Flat 7 - £430pcm
Council Tax Band: A
EPC for flats 1-6 : D (as shown)
Flat 7 EPC Rating is separate and is
Current: 61D
Potential: 65D
Tenure: Freehold