5 Bedroom HMO

Penny Lane, 
Liverpool, 
L18 1DG
Purchase price
£385,000
  • Tenanted
UNMISSABLE INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! yieldit present this freehold mixed used property containing a retail premises and five bedroom HMO.
  • Financial Performance*
Gross rent
£45,600
Lettings fees
£1,140
Net income
£38,220
Gross yield
11.84%
Net yield
9.93%
  • Key Features
  • Fantastic investment opportunity
  • Mixed used property
  • Already let retail premises
  • Separate five bedroom HMO
  • Ideal for short term lets
  • Impressive anticipated returns
  • Excellent location
  • Freehold
  • Close to amenities and attractions
  • Don't miss out and enquire today

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.

  • Financial Performance *
Gross rent
£45,600
Lettings fees
£1,140
Net income
£38,220
Gross yield
11.84%
Net yield
9.93%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating