Summary - 32, Folly Lane WA5 0NJ
6 bed 3 bath Terraced
Ready-to-run six-bed HMO with new boiler and immediate rental income potential.
Fully licensed six-bedroom HMO ready to let
This terraced Victorian property is presented as a fully licensed six-bedroom HMO, arranged over two floors and currently fitted for multiple-occupancy use. A new boiler was installed in January 2025 and the communal kitchen and bathrooms are in place, making it ready to let to multiple tenants straight away. When fully occupied the listing estimates an annual rental income of approximately £26,416, making it primarily attractive to investors seeking immediate cash flow.
The house is compact (approximately 1,103 sq ft) with a small rear garden and period features such as a bay window and decorative cornice. The EPC is rated D and the construction is solid brick from the 1900–1929 era; walls are assumed uninsulated, so there is potential to improve energy performance and reduce running costs. Mobile signal is excellent and broadband speeds are fast, supporting modern tenant needs.
Material negatives are clear: the property sits in a deprived area with high local crime and small room sizes — factors that will influence tenant mix and management requirements. The listing states the property is leasehold; this should be clarified before purchase. Council tax band A and two communal shower rooms reflect lower service costs but also simpler accommodation standards.
For an investor experienced in HMOs, this is a hands-on opportunity: immediate rental income, scope to boost value through energy upgrades and cosmetic refurbishment, but higher management oversight will be required given the location and compact layout.
4 bedroom house share for sale in Denton Street, Widnes, WA8 — £180,000 • 4 bed • 4 bath • 925 ft²
5 bedroom terraced house for sale in Manchester Road, Warrington, Cheshire, WA1 — £200,000 • 5 bed • 4 bath • 935 ft²
6 bedroom house share for sale in Wargrave Road, Newton-Le-Willows, WA12 9RB, WA12 — £360,000 • 6 bed • 6 bath • 1025 ft²
6 bedroom semi-detached house for sale in Castle Hill Road, WN2 — £350,000 • 6 bed • 6 bath • 1206 ft²
5 bedroom terraced house for sale in HMO Bostock Street, Warrington, WA5 — £220,000 • 5 bed • 2 bath • 1228 ft²
6 bedroom terraced house for sale in Dentons Green Lane, St. Helens, Merseyside, WA10 — £320,000 • 6 bed • 5 bath
