608 Liverpool Road
608 Liverpool Road is a house of multiple occupation located in Manchester. This freehold property is composed of 8 bedrooms with en-suites that share kitchen, living, and dining rooms. It’s been recently refurbished to qualify for its HMO license, which has increased the yield massively. The corporate tenant has a 10-year lease, which assures you returns of £40,560 a year for 10 years.
This property offers a great opportunity for investors and is available immediately. Fully refurbished, this property doesn’t require any additional work, so there are no hidden costs. Not only will this property bring you an estimated £400,000 in the decade, but with the rising property prices in Manchester your investment will be worth considerably more than it does now.
Property Specifics
- 8 Bedrooms
- 5 Bathrooms
- Type: House of Multiple Occupation
Financial Overview
- Rent PCM: £3375
- Gross Yield: 40500
- Cash Purchase
What this property offers
Verification
Our verification tick shows that industry professionals have generated the estimates being shown. To generate the estimated yield and returns for the property we look at like-for-like units in similar areas as well as past data. Utilising these 2 areas, and a couple of others, we are happy we’re giving you the most accurate prediction for these properties. Should you have any questions about our estimates, please don’t hesitate to contact us.