12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Windsor Road, Southport
£500,000

Price History

Initial price £550,000
20/09/24 £525,000
30/10/24 £500,000
Price Change -9.09%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This detached, 12-bedroom HMO property is located in a prime residential area and is available for purchase with no chain. The property spans four floors and offers approximately 4,396 square feet of well-proportioned accommodation, which is currently operating as a profitable HMO with no arrears. The property is split into 12 units, including 8 bedsit apartments and 4 studio apartments, generating an annual income of £56,520, which provides a 9.4% investment return. The rents are scheduled to be increased soon, which would take the return over 10%. Early viewing is recommended to avoid disappointment.