Established 4-bed HMO with lawful status and a c.10% gross yield—investor focus..
4-bedroom HMO with Certificate of Lawful Development in place
Stated gross income £19,680 — c.10.36% gross yield at £190,000
Double-fronted Victorian end-terrace with period features and bay windows
Freehold; mains gas boiler and radiators, double glazing installed post-2002
Solid brick construction; walls assumed uninsulated — possible retrofit costs
Single bathroom serves four bedrooms — potential capacity constraint
Located in high-crime, very deprived area — higher management/risk needs
Small plot and limited external space; street parking and modest forecourt
A double‑fronted Victorian end‑terrace in Tuebrook offered as a four‑bed HMO with an established income stream. The property is freehold, double‑glazed, and benefits from a Certificate of Lawful Development confirming HMO use under the Article 4 directive. Stated gross income is £19,680 (c.10.36% gross yield at the asking price), making this a clear rental‑income opportunity for a hands‑off investor.
Internally the house presents as well maintained with an open‑plan lounge/kitchen, separate utility and one ground‑floor double bedroom plus three first‑floor bedrooms and a single bathroom. Constructed c.1900–1929 in solid brick, the property retains period character such as bay windows and ornamental brickwork, while having modern comforts like mains gas central heating and double glazing installed after 2002.
Buyers should note material considerations: the neighbourhood records high crime and very high area deprivation, the plot is small, and the solid brick walls are assumed to have no built‑in insulation. The HMO setup relies on the existing Certificate of Lawful Development; Article 4 status in the area means further change of use or different HMO configurations may be restricted.
This is best suited to an investor seeking an income‑producing mid‑terrace HMO in a popular student/city rental pocket. The property’s yield and lawful HMO status are strengths, but operating and occupation risks linked to the local area should be factored into any acquisition decision.