6-bedroom licensed HMO with tenants secured for 2025–26 academic year
Standing in the centre of Ormskirk, this extended Victorian semi provides an immediate turnkey income stream as a licensed 6-bedroom HMO with tenants secured for the 2025–26 academic year. The property currently returns a gross annual rental income of £40,500 and sits a short walk from the town centre and university — a clear plus for student demand and let-ready occupation.
The house retains period bay-window character externally and offers practical features inside: two bathrooms, a contemporary fitted kitchen, double glazing and driveway parking plus a rare larger rear parking/patio area. The freehold tenure and sizeable plot give scope for long-term asset management or modest value-add refurbishment to increase net rental yield.
Buyers should note this sale is by online auction (Secure Sale) with terms and conditions applying and a starting bid of £280,000. There are also some trade-offs: the area records above-average crime levels, council tax is in Band E (above average), and the original solid brick walls likely lack cavity insulation — upgrade work may be needed to improve energy efficiency and reduce running costs.
This property suits investors focused on student or HMO income who want a centrally located, let-ready asset with immediate cashflow and scope for measured improvement. It would also suit a buyer seeking a large period home for conversion to a private house, subject to planning and compliance for future use.
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