Lot 3 - 18 Arpley Street, Warrington, Cheshire, WA1 1NZ

  • Unconditional Online Auction Sale
  • Guide Price* : £400,000+
  • Bedrooms: 8
  • Bathrooms: 8
  • Reception Rooms: 1

A fully tenanted eight bedroom all ensuite HMO let to working professionals producing £60,660 per annum

Description

• Leasehold mid-terrace tenanted HMO
• 8 ensuite bedrooms
• Communal kitchen, dining space and reception room
• Fully renovated to a high standard throughout
• Fully managed in a prime location
• Gross income of £5,055 per month / £60,660 per annum
• Impressive 15.1% yield on guide price

Location

Situated on the well-connected Arpley Street in Warrington, the property benefits from convenient access via the A49 and A5061. Providing direct routes to Warrington town centre, Warrington Hospital, and the University of Chester (Warrington campus). Set within a well-established area, it is close to a range of local amenities including shops, schools, and parks.

Transport links are provided by both Warrington Bank Quay and Warrington Central Rail Stations.

Planning

Planning granted through Warrington Borough Council ref: 2020/36630

Proposed Change of Use from a 6-bedroom house in multiple occupation (HMO) (Use Class C4) to (Sui Generis)

HMO Compliance

- HMO Licence
- EICR
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Gas Safety Certificate

Copies of these documents can be found within the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 1st June 2025 £7,620
2 Ground En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 29th October 2025 £7,620
3 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 28th December 2025 £7,620
4 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 1st August 2025 £7,680
5 First En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 13th December 2025 £7,620
6 Second En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 27th October 2025 £7,620
7 Second En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 21st December 2025 £7,440
8 En-suite HMO room with access to communal kitchen, dining space and reception room 6 month AST starting from 18th July 2023 £7,440

Vendors Solicitor
Joy Savill
02075047071

* 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.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Financing

Looking to purchase at auction but need the right finance in place? We’ve partnered with Roma Finance to help our buyers secure fast and flexible funding solutions tailored for HMOs.

Get in touch with Roma Finance today to explore the best financing options for your next HMO purchase

HMO X - Roma Finance

Vendors Solicitor

Joy Savill
02075047071

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