Summary - 34, Derby Street, ORMSKIRK L39 2BY
1 bed 1 bath Commercial Property
**Standout Features:**
- Fully let five-bedroom HMO investment with annual income of approximately £32,400.
- Recent conversion from offices to bespoke student accommodation completed in 2017.
- Each bedroom has its own ensuite bathroom, providing modern living standards.
- Prime location in Ormskirk town center, just a short walk to amenities and the train station.
- No VAT implications on the purchase price.
**Property Summary:**
This fully let commercial property on Derby Street offers an excellent investment opportunity as a modern five-bedroom House in Multiple Occupation (HMO), generating an attractive income of around £32,400 per year. Located in the vibrant heart of Ormskirk, residents will appreciate the convenience of nearby amenities and easy access to transport links.
Converted with foresight in 2017, the interior features a well-designed communal kitchen/lounge and individual ensuite bedrooms, catering perfectly to student tenancies. The robust Victorian red brick facade with classic architecture speaks to the building's character while providing a solid foundation for future value.
Although the compact size may pose some limitations, the well-optimized layout ensures comfortable living spaces. Additionally, with no VAT on purchase and excellent mobile signal and fast broadband speeds, this property is a standout option for savvy investors. Don’t miss this unique chance to secure a prime HMO investment in a sought-after student location.
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