Pure Investor brings to the market this fantastically finished 10-bedroom HMO property in Warrington. The development is a grade 2 listing building with the full refurbishment being done within regulations to the highest possible standard. The renovation was completed last year and has recently secured its first set of tenants. Each bedroom has an en-suite bathroom with tenants also benefitting from communal areas that would be at the envy of most owner occupiers. Every apartment comes fully furnished with carpet flooring and intercom systems for added security for each tenant. \r
\r
Investment Information \r
-\tAddress: 115 Bewsey Road, Warrington WA5 0JT\r
-\tAsking Price: £950,000.00\r
-\tNumber Of Bedrooms: 10 \r
-\tNumber Of Bathrooms: 10\r
-\tSemi detached Grade 2 listed building. Full refurbishment has been in line with building regs. \r
-\tOn street parking. \r
-\tFront and rear gardens. \r
-\tFreehold\r
-\tSqft Of The Property: 3,024\r
-\tAll rooms are currently tenanted. \r
-\tNo tenants behind on rentals. \r
-\t6 months is the average tenancy length. With the development being new we would expect a lot of tenants to stay longer than 6 months, but we don't have the data to back that up currently. \r
-\tThe HMO is currently self-managed. \r
-\tValid HMO license is in place. \r
-\tFinished to one of the highest specs we have seen for an HMO property. \r
-\tCurrent Rental Income: £7,500.00pcm \r
-\tGross Annual Rental Income: £90,000.00\r
-\tYield: 9.5%\r
-\tBills are included in the rental payments.