18 Bank Square, Southport, Merseyside, PR9
Size
Ask agent
Tenure
Ask agent
EPC
Ask agent
Parking
Ask agent
- Primary use
- Other
Key features
- Licensed nine-bedroom House in Multiple Occupation (HMO).
- Producing approximately £48,880 per annum gross rental income.
- Gross initial yield of approximately 12.2% at the asking price.
- Fully occupied investment producing immediate income from completion.
- Current HMO Licence valid until August 2027 permitting occupation by up to nine residents.
- Long-established lawful HMO use benefiting from planning consent granted in 1996.
- EPC Rating B valid until April 2033.
- Extensive compliance portfolio available to purchasers.
- Existing tenants unaffected by the sale.
Description
Arranged over four floors, the property provides nine individually let bedrooms together with communal kitchen, shower room and WC facilities, producing a current gross rental income of approximately £48,880 per annum.
The property benefits from a current HMO Licence permitting occupation by up to nine residents together with established planning consent for HMO use dating back to 1996.
The investment has been professionally managed and is accompanied by an extensive compliance portfolio including a current HMO Licence, tenancy agreements, rent schedule, Electrical Installation Condition Report, Gas Safety Certificate, Fire Risk Assessment, Fire Alarm Inspection Certificate, Emergency Lighting Inspection Certificate,
Asbestos Management Survey and Energy Performance Certificate.
An EPC Rating of B, valid until April 2033, is particularly noteworthy for a property of this age and demonstrates the continued investment made into the building.
The vendor has advised that all recommendations arising from the Fire Risk Assessment have now been completed, with written confirmation awaited from the contractor.
Overall, this represents an excellent opportunity to acquire a fully income-producing HMO investment with a comprehensive due diligence package already assembled, enabling purchasers to proceed with confidence.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
Brochure
18 Bank Square, Southport, Merseyside, PR9
Your search history
You have no recent searches
Disclaimer - Property reference 2790FH. 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 Fitton Estates.com, Merseyside/Lancashire. 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.












