Bewsey Road, Warrington, Cheshire, WA5
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
10
- BATHROOMS
10
- SIZE
3,045 sq ft
283 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 10 bed HMO
- 10 Bathrooms
- Finished to a very high standard
- Grade 2 listed building, refurbished within building standards
- Fantastic communal spaces
- Popular with tenants
- All bills incorporated within the rental incomes
- Low operating costs for the size of the property
Description
Investment Information
- Address: 115 Bewsey Road, Warrington WA5 0JT
- Asking Price: £895,000.00
- Number Of Bedrooms: 10
- Number Of Bathrooms: 10
- Semi detached Grade 2 listed building. Full refurbishment has been in line with building regs.
- On street parking.
- Front and rear gardens.
- Freehold
- Sqft Of The Property: 3,024
- All rooms are currently tenanted.
- No tenants behind on rentals.
- 6 months is the average tenancy length. With the development being new we would expect a lot of tenants to stay longer than 6 months, but we don't have the data to back that up currently.
- The HMO is currently self-managed.
- Valid HMO license is in place.
- Finished to one of the highest specs we have seen for an HMO property.
- Current Rental Income: £7,500.00pcm
- Gross Annual Rental Income: £90,000.00
- Yield: 10.05%
- Bills are included in the rental payments.
Mortgage Finance For HMO Properties
We partner with a mortgage broker who offers a specialist service for HMO mortgages and related finance. Experienced investors will understand that mortgages for HMO are based on different criteria than your standard residential buy-to-let. In particular, the ability to secure an investment valuation for the HMO (as against a bricks-and-mortar valuation) can often be the deciding factor on whether or not you are able to proceed with the purchase.
If you are looking to invest in an HMO property, and are currently considering your options for finance, please let us know and we would be delighted to make an introduction on your behalf.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Ask agent
Bewsey Road, Warrington, Cheshire, WA5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Warrington Central Station0.6 miles
- Warrington Bank Quay Station0.7 miles
- Warrington West Station1.4 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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Visit our security centre to find out moreDisclaimer - Property reference 115-Bewsey-Road-Warrington-WA5. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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