Greenbank Road, Wavertree, Liverpool L18 1HN

A rare opportunity to acquire a fully converted mixed-use freehold investment in the heart of Liverpool’s thriving Smithdown Road - one of the city’s most sought-after student hotspots. Comprising a high-spec 6-bedroom HMO arranged over four floors and a ground floor commercial unit, this property offers a projected gross annual income of £49,920, delivering a strong potential yield and a versatile, income-generating asset for investors seeking both capital growth and rental stability.

The HMO element is currently vacant but was previously fully let at £135 per person per week, generating £42,120 per annum. The commercial unit - a barbershop - currently earns £6,600 per annum but is significantly under-let, with a realistic market rental value of £650+ pcm, giving further uplift potential.

Property Highlights

Mixed-Use Freehold Investment: A rare configuration combining student HMO income with a ground floor retail rental stream - maximising both rental yield and tenant diversity.

6-Bedroom HMO Across Four Floors: Spread over the ground, first, second, and third floors, the property includes spacious rooms and modern facilities, perfectly suited for student occupation.

Reduced Stamp duty: Due to the commercial element, stamp duty will be significantly reduced to commercial stamp duty rates.

Income Potential:

• HMO Potential Income: £42,120 p.a. at £135pppw (historically achieved)

• Commercial Unit (Barbershop): Currently £6,600 p.a., with re-letting potential of £7,800+ p.a.

• Total Projected Income: Up to £49,920 p.a.

Fully Refurbished Internally: The property was taken back to brick and comprehensively renovated just 10 years ago, offering long-term structural peace of mind and reduced ongoing maintenance.

Turnkey Ready for Letting: With minor cosmetic works, the HMO can be quickly marketed and re-let ahead of the next academic cycle.

Location & Tenant Appeal
Greenbank Road, L18 1HN - Prime Smithdown Road Location

Ideally situated on Smithdown Road - Liverpool’s most established student corridor - this property enjoys continuous demand from students attending the University of Liverpool and Liverpool John Moores University.

Proximity to Universities:

• University of Liverpool – Approx. 1.2 miles

• Liverpool John Moores University - Approx. 1.4 miles

• Both easily accessible by frequent bus routes and cycle paths.

Local Amenities & Lifestyle:

• Direct access to cafes, bars, takeaways, Aldi, Asda & independent eateries

• Excellent bus connections to city centre, Sefton Park & university campuses

• Close to Greenbank Park and other green spaces popular with students

Investment Potential

Greenbank Road presents a compelling investment opportunity in one of Liverpool’s most dependable student markets. With scope to increase the commercial rental, strong historic returns from the HMO, and a strategic position in the heart of Smithdown, this mixed-use property promises both immediate and long-term value. An ideal asset for investors seeking stable cash flow, capital growth, and reduced risk through income diversification.