Summary - 40 PARKER STREET WARRINGTON WA1 1LT
4 bed 4 bath House Share
Immediate income property in a well‑connected urban location.
Four en-suite bedrooms, all rooms currently let
Gross annual income £20,800 providing immediate rental cashflow
Long leasehold security — 838 years remaining
Compact overall size — approximately 990 sq ft
Victorian mid‑terrace with solid brick walls, likely no wall insulation
High local crime rate and area deprivation — impacts tenant profile
Double glazing installed post‑2002; mains gas boiler heating
Very low Council Tax Band A, fast broadband and excellent mobile signal
This is a turn‑key HMO investment in a popular, convenient Warrington location. The four-bedroom house share is fully let, generating a gross annual income of £20,800, and benefits from en‑suite facilities for each bedroom — strong income fundamentals for a small-scale landlord.
The property occupies a mid‑terrace Victorian building constructed before 1900, with solid brick walls and double glazing fitted after 2002. Heating is mains‑gas boiler and radiators; the kitchen is modern and in good order. The long lease (985 years originally, 838 years remaining) gives security of tenure for investors.
Important considerations: the overall internal size is small (approx. 990 sq ft) and the local area scores as deprived with a high crime indicator — factors that affect tenant mix and lettings strategy. Walls are assumed to have no built‑in insulation (typical of solid‑wall Victorian stock), so buyers should allow for potential energy‑efficiency upgrades.
Practical positives include excellent mobile signal, fast broadband and very low council tax (Band A), supporting rental demand from students and private‑renting new arrivals. This property suits investors seeking an immediately income‑yielding HMO with straightforward management and upgrade potential.
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