StudentHive are pleased to present this 6 Bedroom 2 Bathroom professional HMO spanning over 3 floors located in Kensington, Liverpool. The property is situated within a prime rental corridor, positioned within an easy commute to the city and primary university campuses.
This highly desirable location ensures consistent rental demand, making it a reliable addition to any investment portfolio.
The property currently generates £2,200.00 per month from the existing tenancy, which provides a gross annual rent roll of £26,400 (9.60% Gross Yield).
The vendor is applying for the certificate of lawfulness whilst the sale goes through, which will be in place upon completion.
The property is not achieving its full rental potential at the moment, with there only being a group of x4 letting the property for the 26/27 term. With the right marketing and improvements, the potential rent is in the region of £30,000 - £32,130 per annum.
While the current rental income is strong, maximising the occupancy to a full group of 6 would elevate the returns even further, up to an 11.68% Gross Yield.