83 Trafalgar Road, Wallasey, Merseyside, CH44 0ED

7 7 0

£275,000 House of multiple occupation for sale

Description

An exciting investment opportunity has arisen to purchase a 7-bed all en-suite HMO in Wallasey, Merseyside, which has high yield potential. The property has very recently undergone full back to brick refurbishment to a very high standard; Sui Generis planning has been approved and further information on all of the works carried out can be provided upon request.

The rooms are now being marketed and up for rent - a reputable local managing agent is facilitating this.

Trafalgar Road is served by the by the nearby 411 bus route to Birkenhead which also provides rail services allowing 30 minute travel to Liverpool, door to door. Wallasey is a large town of 60,000+ inhabitants located on the corner of the Wirral Peninsula, with regular rail services to Liverpool and Birkenhead. A regular bus service (every ten minutes) also provides services to Liverpool. Wallasey provides excellent employment opportunities locally via the shopping area of Liscard, the industrial dockland regions and further afield to Ellesmere Port and Liverpool. Wirral Waters is an exciting on-going development which has £4.5 billion of allocated funds to projects such as an industrial park, office space, education and transport.

With a gross yield of circa.13% and an anticipated income of £35,619.60 PA at full occupancy this is a fantastic turn key investment and high yielding HMO.

Expected Income :

Room 1 £433.33 / Room 2 £433.33 / Room 3 £411.66 / Room 4 £411.6 / Room 5 £433.33 / Room 6 £411.66 / Room 7 £433.33

Total = £2,968.30 PCM / £35,619.60 PA

Anticipated Outgoings from similar projects :

£460.40 PCM / £5,524.80 PA

Gross Yield: 12.95%

Buyer Fee: 2.00% + VAT

Reference: TSC-41309754
Screenshot 2021-04-20 at 18.22.11 Energy Efficiency Chart

Brochures

Features

  • 7 Bed All En-suite HMO
  • Undergoing High Standard Refurbishment
  • Sui Generis Planning Granted
  • EPC Rating C
  • Expected Income : £35,619 PA At Full Occupancy
  • Gross Yield : 12.95%
  • 2% +VAT Buyers Fee

Enquiry

To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.