5 bedroom shared accommodation for sale

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Summary Description *** superb rental yield - 11% per annum with potential to increase! *** occupied residential & commercial investment *** 5 bedroom multi-let residential unit *** large communal reception room *** brand new bathroom *** modern kitchen/diner *** highly desirable area for individual & group renters *** occupied commercial unit with opportunity to extend and/or convert to further residential *** 

Full Description *** superb rental yield - 11% per annum with potential to increase! *** occupied residential & commercial investment ***

HOMEsure Property is pleased to offer this fantastic investment opportunity, currently producing a rental yield of 11% on the residential unit and commercial unit combined.

The residential property offers five double bedrooms, plus a large reception room and brand new bathroom. The property is situated above an occupied commercial unit (currently producing £4, 200 per annum, rising to £4, 800 per annum next year) and is in a highly desirable area for renters for future re-lets. Proof of rental income can be supplied upon request.

There is potential under the Permitted Development guidelines to add a further two double bedrooms which, at the current comparable rent, could increase the annual rental income by £6, 000, providing a huge £25, 320pa income - a 14% rental yield!

Further, there is the potential to extend the ground floor commercial unit by up to 3m outwards, which could increase the rental return on the commercial unit, or, provide the opportunity to convert the commercial unit into further residential units.
There is also further storage to the cellar of the commercial unit.
The property next door is also being fully refurbished, with completion estimated at Spring 2013.

For viewings, please call HOMEsure now! 

More Information HOMEsure Property is a modern Estate Agency focusing heavily on our online presence, while retaining a High Street presence on Woolton Road, Childwall Village (opposite the Halfway House pub).
With direct access to each member of staff via mobile phones, you can always be safe in the knowledge that you can reach your agent and get your questions answered quickly.
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Disclaimer Remember! We can also provide fully independent Mortgage and Financial Advice on the right mortgage for you. Should you like details of our services please call on the number above & to the right, or send an email to us using the button to the right.

These property details are set out to provide a general guide as to what the property consists of. They are not intended to be used as part of an Offer or Contract. If interior photographs are included they are reproduced for general information and it cannot be inferred that any item shown is included in the sale. Please check with us if you wish to clarify exactly what is included.
Any services, equipment, fittings and/or heating systems have not been tested and no guarantee is given or implied that these are in working order. Buyers are advised to obtain verification from their solicitor or surveyor. Fixtures, fittings and other items are not included unless specifically described. All measurements, distances and areas are approximate and are for guidance only. Room measurements are approximate and buyers are advised to check these for their own benefit.
Every care has been taken with the preparation of these Sales Particulars but complete accuracy cannot be guaranteed. Buyers should in all cases verify matters for themselves. Where property alterations have been undertaken buyers should check that the relevant permissions have been obtained. If there is any point which is of particular importance let us know and we will verify it for you.