Rowland Close, Fearnhead, Warrington, Cheshire
- PROPERTY TYPE
End of Terrace
- BEDROOMS
6
- BATHROOMS
3
- SIZE
1,130 sq ft
105 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
- 6 Bed 3 Bath HMO
- Fully Licensed and Compliant
- Popular Tenant location
- Scope For Cosmetic Refurbishment & Value Enhancement
- Gross annual income: £31,524
- Gross yield: 13.70%
- Buyer Fee - 1.5% Inc Vat
Description
This established HMO investment offering six letting rooms and three bathrooms. The property is already set up and trading as an HMO, allowing an incoming investor to acquire an income-producing asset from day one.
While the property would benefit from a cosmetic uplift and modernisation, it is fully operational and represents an opportunity for an investor to add value through relatively straightforward refurbishment works. Improvements to décor, finishes and communal areas could enhance the property's presentation, tenant appeal and potentially its long-term rental performance.
The property is situated in the Fearnhead area of Warrington, a popular residential location with convenient access to local amenities, public transport and employment areas. The surrounding area provides a range of everyday amenities, including convenience stores and food shops, while schools and other local services are also within easy reach. The location benefits from a strong combination of residential demand and accessibility, making it well suited to HMO accommodation. Local bus stops are located just a short walk from the property, providing access to wider Warrington and surrounding areas. Padgate railway station is approximately 1.3km away, with Birchwood and Warrington Central also providing further rail connections.
Rowlands Close presents a compelling high-yield HMO investment with immediate income, an established operating model and clear scope to enhance the property cosmetically. With strong transport links, local amenities and established tenant demand, this is an opportunity to acquire a functioning HMO while retaining the potential to improve the asset and its future rental appeal.
For more information please contact the team today and to arrange your viewing!
- 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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Rowland Close, Fearnhead, Warrington, Cheshire
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