The residential element comprises a 10-bedroom HMO arranged over multiple floors. Currently, three rooms are let at £433 per calendar month. Given the location of the property, it is well suited to continued HMO use, with strong and consistent demand from students and young professionals. In addition to the residential accommodation, the property includes a ground-floor commercial premises that generates £25,000 per annum. The commercial unit benefits from a long-term tenancy of 15 years commencing in August 2023.
Wavertree is particularly popular with students due to its close proximity to the University of Liverpool, Liverpool John Moores University, and Liverpool Hope University. A wide range of shops, cafes, bars, supermarkets, and local amenities are all within easy reach, further enhancing the appeal to tenants and commercial occupiers alike.
Given the excellent location of this property, interest is certain to be garnered. Please call Marshall Property to book a viewing.
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