5 Bedroom HMO

yieldit are excited to offer this incredible opportunity for investors looking to expand their portfolio with a mixed used venture. The freehold property is ideally situated on the famous Penny Lane and compromises of a ground floor retail unit let to a well-established business and a separate five-bedroom HMO. Spread across two floors it includes a spacious open plan reception room with fitted kitchen and family bathroom with three-piece suite.

The HMO is available with vacant possession, allowing the new owner to run and maximise the return how they wish. The property has previously been ran as a licensed HMO, appealing to young professionals and students looking for conveniently placed and good value accommodation. If the property was to be let as serviced accommodation on a short term let basis, an investor could expect an impressive return in the region of 14.5% NET.

Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer, so investing in property in this thriving city is a wise choice. It is also renowned for its University’s and thousands of students are constantly drawn to the city, meaning rental properties in the city are in ever increasing demand.