StudentHive are pleased to present this 3-Bedroom Student HMO located in Wavertree. The property has been let to students for over 7 years and is fully let for the 25/26 Academic term at £125pppw (c. £19,125 gross income per annum).
At an asking price of £155,000 this represents an incredibly rare opportunity to buy an operating student property at a very low entry point. Paired with a competitive yield of 12.3%, this is a deal not to be missed!
The property is leasehold - 125 years from 2006 (106 years remaining). Both the ground rent and service charge are very low - £168 per annum & £380 per annum respectively. Configuration: 1 en-suite bedroom, 1 shared bathroom, and an additional WC for convenience.
The property has a selective license & lawful development certificate in place.