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6 bed detached house
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Our Summary
- Beyond the strong day-one income, the sale includes architect-drawn plans for two two-bedroom houses at the end of the property's land, offering genuine scope to add significant further value
- £54,286 DEVELOPMENT OPPORTUNITY Architect plans have been prepared for two two-bedroom houses at the end of the property's land
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Description
The property at 56 Liverpool Road in Neston, Cheshire West and Chester, is a freehold HMO investment comprising a main house and an annexe. The main house is a licensed HMO with five letting rooms and five bathrooms, served by communal facilities, and is fully let across seven income streams. Additionally, there is a self-contained one-bedroom annexe, a third revenue-generating static home, and architect plans for two further dwellings on adjacent land.
The property has a gross annual income of £39,498 and a net annual income of £32,711.04.