£140,000 Under Offer

Elm Road, Seaforth, Liverpool

5 2 1

We are delighted to offer for sale a property that is close to 2000 square feet and is ready for conversion into a fully compliant 6 Bed, 3 bathroom, 2 Kitchen HMO. Returning approximately £28k per year or alternatively as 5 studio flats STPP.   


Overview

The building is in good condition and conversion to a quality HMO will cost approximately £25K. This will include 2 new en-suites in the largest rooms on the first and second floors and addition kitchen sited in bedroom 3.

Well finished HMO rooms in the area are being currently let by ourselves for between £350 - £475 per month.  

There is a shortage of quality rooms in the area and finding properties that offer these room sizes are becoming increasing difficult. Minimum room sizes in the area are 10m2 where these rooms range from 15m2 to over 20m2.

Situated in a prime location for the new Peel Ports Liverpool2 Deep Water Container Terminal which is a £400 million investment in the area offering large scale employment. The area also has a range of amenities nearby and good transport links in and around the city.

 

Ground Floor

Reception 1  18.04m2

Reception 2  14.51m2

Kitchen  9.50m2

Utlility Room  3.84m2

W/C

First Floor

Bedroom 1  23.03m2

Bedroom 2  14.05m2

Bedroom 3  8.82m2

Bathroom  5.72m2

Second Floor

Bedroom 4  20.63m2

Bedroom 5  14.96m2

 

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