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10 bedroom house of multiple occupation for sale
27 Hope Street
£925,000
27 Hope Street
£925,000
Our Summary
- 36% The property also demonstrates potential for a broad range of alternative uses including short term lets, holiday lets, F&B and offices (subject to change of use)
- Potential for a range of alternative uses (subject to planning)
Description
This charming Georgian mid-terrace building has been converted into a 10-bedroom HMO, offering ample living space and modern facilities across four levels. The property features a spacious lounge, well-equipped kitchen, and additional kitchenette on the basement level, as well as three double bedrooms and a bathroom on each of the upper floors. The rear patio courtyard provides a peaceful outdoor space. Located in the heart of Liverpool's Knowledge Quarter, the property is close to prestigious educational institutions, cultural institutions, and a range of amenities, including restaurants, cafes, and bars. The property is well-served by bus routes and Liverpool Lime Street Station is within walking distance. With 10 Assured Shorthold Tenancy Agreements expiring in 2025, the property offers a potential Net Initial Yield of 7.05% and a Reversionary Yield of 8.04% after allowing for purchaser costs. Additionally, the property has potential for alternative uses, including short term lets, holiday lets, F&B, and offices, subject to change of use.