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£155,000
Morecroft Road, Birkenhead, CH42
- 5 beds
£155,000
- 5 beds
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Currently fully let and acheiving a yearly income of £24,660, giving you a healthy 15.9% gross yield.
**Fully managed**
**Great location, close to shops and transport links**
The property offers 5 bedrooms, 3 ensuites, 1 communal bathroom and a generous dining/kitchen with rear yard.
Rooms:
Room 1 large double with ensuite - £425 per month rent with a long term tenant.
Room 2 large double with ensuite - £425 per month rent with a long term tenant.
Room 3 largest double with ensuite and scope to increase the rent - £425 per month rent with a long term tenant.
Rooms 4 and 5 are large doubles with shared bathroom, both acheiving £390 per month in rent.
There are no arrears on any of the tenancies.
The property is in good condition and has recently had works to ensure all the firedoors are to standard and has a current HMO licence (non-transferrable). The sale includes all the furniture including beds, fitted wardrobes, drawers and bedside tables in the rooms and all the kitchen furniture/white goods..
There is also Hive at the property to help with the heating bills.
Viewing is a must to appreciate what's on offer with this large property with working tenants. This is a hands free investment generating an immediate income.
Council Tax Band: A
Tenure: Freehold
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