This property has been taken off the market.

4 Bed House For Sale North Road, St. Helens, WA10

£350,000

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Last Updated: 25th March 2024

Description

***INVESTMENT OPPORTUNITY***
Perfect for a BTL investor looking to add to their portfolio is this Victorian Terraced property that has been converted into four self-contained one-bedroom apartments, The conversion was completed in 2020 to a high specification and all apartments are fully let to long term tenants providing an annal rent return of £26,400 providing a rental yield of 7.5%

The building briefly comprises of a communal entrance hall which provides access to;

Apartment 1 let @ £525 PM and comprises of inner hall, bedroom, shower room, open plan kitchen/living space.
Apartment 2 let @ £525 PM accessed via the communal hall, this is a duplex apartment and comprises of an open plan kitchen/living room to the ground floor and a bedroom, bathroom and landing to the first floor.
Apartment 3 let @ £575 PM accessed via a communal landing on first floor this apartment comprises of an inner hall, bedroom, shower room, living room open plan to a kitchen (please see photos)
Apartment 4 let @ £575 PM accessed via a communal landing on the second floor this apartment comprises of an inner hall, bedroom, shower room and spacious open plan kitchen/living room.

Externally there is limited off road parking

The development is located on the brow of the hill on North Road providing easy access to the Town Centre providing a wealth of local amenities close by including bars, shops, recreational facilities and restaurants. Victoria Park is also within walking distance and the A580 provides commuter links to Liverpool and Manchester making this area a popular place to live.
Agent Details
Little Estate Agents
60 Bridge Street, St. Helens, WA10 1NW

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested