Old Chester Road, Rock Ferry, Wirral
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- 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
- Fully tenanted 4-bedroom, 4-ensuite HMO
- £2,038 pcm income / £16,080 net annual profit
- Strong 8.7% net yield (13.2% gross)
- Recently refurbished to a high standard
- Freehold – no ground rent or service charges
- Bills-included model with predictable outgoings
Description
Situated on Old Chester Road in the popular Rock Ferry area of Birkenhead, this fully tenanted 4-bedroom, 4-ensuite HMO presents an excellent turnkey investment opportunity with immediate income from day one. Offered freehold and recently refurbished to a high standard, the property generates a strong gross monthly income of £2,038 and delivers an attractive net annual profit of £16,080 after all bills, equating to a solid 8.7% net yield at the asking price of £185,000. With all rooms let, a bills-included model ensuring predictable outgoings, and minimal near-term maintenance requirements, this asset is ideally suited to investors seeking stable, hands-off cash flow in a high-demand rental location.
KEY FINANCIALS
• Gross monthly income: £2,038
• Monthly outgoings: £698
• Net monthly profit: £1,340
• Net annual profit: £16,080
• Gross yield (at £185,000): 13.2%
• Net yield (at £185,000): 8.7% (after all bills paid)
INCOME BREAKDOWN
• Room 1: £520/mo
• Room 2: £520/mo
• Room 3: £499/mo
• Room 4: £499/mo
• Total: £2,038/mo
MONTHLY OUTGOINGS
• Council tax: £138
• Water: £58
• Energy: £450
• Internet: £42
• TV licence: £10
• Total: £698/mo
WHY THIS IS A STRONG INVESTMENT
• Immediate income from day one - fully tenanted with no void period or setup required
• Strong net yield of 8.7% - well above the national average for residential buy-to-let
• Recently refurbished - reduced near-term maintenance costs and strong tenant appeal
• Freehold - no ground rent, no service charges, no lease expiry risk
• Bills-included model - all outgoings are fixed and predictable, making cash flow simple to manage
• Below mandatory HMO licence threshold - at 4 rooms, compliance obligations are simpler than larger HMOs
LICENSING & PLANNING
• Mandatory HMO licence: NOT required - property is below the 5-person threshold
• Selective licence: REQUIRED - Old Chester Road falls within the Tranmere selective licensing area. The new 2025–2030 scheme commences 1 October 2025 (fee: £605). Application should be made to Wirral Council.
• Planning (APP/19/01386): Planning permission was granted for conversion from mixed use (ground floor retail + first floor flat) to a single C3 residential dwelling.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Old Chester Road, Rock Ferry, Wirral
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Visit our security centre to find out moreDisclaimer - Property reference 332-old-cahester-road. 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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