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Seller Type: Agency, Property Type: House, Number Of Bedrooms: 7

We have a 7 bed HMO for sale in Birkenhead for £290,000. The property is licensed and compliant with regulations.

The property is fully tenanted with working professionals.

The current rent is as follows:

Room 1 £350
Room 2 £375
Room 3 £303
Room 4 £385
Room 5 £325
Room 6 £350
Room 7 £375

Total- £2463 (£2955-3201) after 20-30% rental increase in April)

We will be increasing rents by 20-30% in April (rents have not been increased for several years). There is an 8th room available that could be let out subject to amending the HMO licence. There is also an existing cellar. We have had some loose drawings completed by a architectural technician and there is potential to create 10-11 rooms from the existing property. Please see floor plans above. The total floor area is 243sqm. There is a lot of potential to add value to this property.

Please get in touch if you are interested.