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Fully Refurbished & Commercially Let 4 Bedroom HMO Producing £12,480pa
Fully refurbished four bed HMO. The whole property is currently let to a substantial property management company by way of a five year full repairing lease from 22 October 2018 at a rental of £12,480 pa. The tenant provides rental accommodation under a government contract. The tenant, for the year end December 2017 managed approximately 2,900 properties with a turnover of £37.9m and a profit of £2.8m. The tenant is responsible for all utilities and repairs at the property - a copy of the lease is available within the legal pack. Internally the property briefly comprises ground floor, entrance hall, kitchen & two bedrooms. First Floor: kitchen, bathroom & two bedrooms. The property has been fully refurbished and reconfigured to include new electrics, lighting, windows, gas fired central heating, floor coverings, kitchen and bathroom.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating C
Wirral Metropolitan Borough Council
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.