• Mid-terrace mixed-use property
• 6 bed, 3 bath Licenced HMO and ground floor commercial unit (Caribbean convenience store)
• Recently refurbished in late 2024
• Commercial and residential tenancies diversify income and reduce vacancy risk
• When fully tenanted it will have a rental income of £3,180 per month / £38,160 per annum
• Representing a 14.9% yield on guide
Prescot Road is located nearby A580 and A570, with the M62 motorway just a 10-minute drive away. Within a 25-minute walk of St. Helens town centre, offering access to a wide range of shops, cafés, and local amenities.
Transport links provided by nearby Thatto Heath Railway Station, offering direct rail services to both Liverpool and Manchester.
HMO Compliance Documents:
- HMO Licence
- EPC
- CEPC
- EICR
- Gas safety certificate
- Emergency lighting test certificate
- Fire alarm test certificate
- Fire Risk Assessment
Additional information can be found in the legal pack
01/05/1894
900 years (769 years unexpired)
£42
Room Number | Floor | Accommodation | Tenancy Info | Rent Per Annum |
---|---|---|---|---|
Commercial Unit | Ground | Shop Unit | Subject to 5 Year Business Lease starting from 29th July 2024 | £4,800 |
1 | Second | HMO room with shared bathroom, kitchen and reception room | Subject to 6 month AST starting from 7th November 2024 | £4,680 |
2 | Second | HMO room with shared bathroom, kitchen and reception room | Subject to 6 month AST starting from 11th November 2024 | £5,700 |
3 | First | HMO room with shared bathroom, kitchen and reception room | Subject to 6 month AST starting from 19th November 2024 | £6,300 |
4 | First | HMO room with shared bathroom, kitchen and reception room | Subject to 6 month AST starting from 19th November 2024 | £5,700 |
5 | First | HMO room with shared bathroom, kitchen and reception room | Subject to 6 month AST starting from 22nd November 2024 | £4,680 |
6 | Ground | En-suite HMO room with shared kitchen and reception room | Currently vacant | Advertised for £6,300 |
* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.
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