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12 bedroom block of apartments for sale
Windsor Road, Southport
£500,000
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
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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.