Super 10 Bed HMO Professional

The property presents a strong investment opportunity in the HMO market with a gross yield of 10.69%, translating to a net income of £3,745 after bills and management costs. Currently fully tenanted with a robust occupancy rate, the property features ten double ensuite bedrooms, each generating a rental income of £490 per month. The multi-tenancy setup attracts professional tenants, ensuring stable cash flow and minimal vacancy periods. With a management fee of 10%, the property is self-managed, keeping operational costs efficient while maintaining a high standard of living for tenants, thus fostering tenant retention.

This semi-detached HMO spans a generous 2,712 square feet over three storeys, providing ample living space across ten fully refurbished ensuite bedrooms. The layout includes two well-appointed kitchens and a communal reception area, ideal for social interactions among tenants. The property includes double glazing throughout, enhancing energy efficiency, while gas central heating ensures comfort during colder months. An attractive rear garden provides an outdoor space for tenants to enjoy, and off-road parking for up to eight vehicles adds convenience. Currently held as a leasehold, this asset not only meets HMO licensing requirements but also benefits from strong rental demand in a thriving market area.

Located in Runcorn, the property enjoys excellent transport connections, making it perfect for professionals seeking easy commuting options. The surrounding area is well-equipped with local amenities, including shops, restaurants, and public transport facilities, contributing to its desirability. The 76C EPC rating underscores the energy efficiency of the property, with potential for improvement to an 81B. This strategic location, along with its investment potential, makes it an appealing option for investors focusing on long-term capital growth and rental yields.