6 bedroom hmo

Ainslie Street, Ulverston, Cumbria, LA12 7JE

Size: 158 sqm

Purchase price

£290,000

Size: 158 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £39,420
Lettings fees £3,942
Net income £23,294
Gross yield 13.59%
Net yield 8.03%

This excellent six bedroom HMO comprises of an entrance hallway leading to a spacious communal lounge with double glazed window to the front; a fully fitted kitchen with all appliances included and two double glazed windows to the side offering plenty of natural light; hallway leading to the first bedroom fitted with en-suite. The first floor comprises of three bedrooms all fitted with their own en-suite; the second floor comprises of two further double bedrooms both fitted with en-suites. The property also comes with with a cellar which has further potential for another bedroom.

Cumbria is ideal for commuters, being just a 45 minute journey from Lancaster and a 40 minute journey to the seaside of Morcambe.

A three-year programme of regeneration works which have transformed Maryport railway station has been celebrated by Community Rail Cumbria in partnership with Cumbria County Council. Following the investment of £1.2million to create a spacious car park at the front of the station, Maryport Transport Hub provides wide-ranging benefits such as free car-parking, safe access and improved signage. The hub aims to encourage people to travel by train along the Cumbrian Coast. Bringing the demand for rental property currently, through the roof!

In addition to this significant development, Northern Rail committed to major platform refurbishment works, including removal of vegetation, excavation and laying of foundations for new shelter, platform resurfacing, improved drainage, shelter lighting and customer information screens. Now a unique community initiative called ‘The Edge of Empire’, which complements the station improvements, has been unveiled by the Cumbrian Coast Community Rail Partnership (CRP), making now a great time to invest in the area.

EARN INSTANT INCOME ON THIS LOW MAINTENANCE HMO GENERATING AN 8% NET YIELD! This fantastic 6 bedroom HMO has been renovated to an excellent standard, enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

6 Bedroom HMO

Key features

Double glazed

Key features

All bedrooms fitted with en-suite

Key features

Excellent location

Key features

Shops, bars and amenities nearby

Key features

Great transport links

Key features

Excellent returns

Key features

8% NET yield

EARN INSTANT INCOME ON THIS LOW MAINTENANCE HMO GENERATING AN 8% NET YIELD! This fantastic 6 bedroom HMO has been renovated to an excellent standard, enquire today to avoid disappointment. More info...

This excellent six bedroom HMO comprises of an entrance hallway leading to a spacious communal lounge with double glazed window to the front; a fully fitted kitchen with all appliances included and two double glazed windows to the side offering plenty of natural light; hallway leading to the first bedroom fitted with en-suite. The first floor comprises of three bedrooms all fitted with their own en-suite; the second floor comprises of two further double bedrooms both fitted with en-suites. The property also comes with with a cellar which has further potential for another bedroom.

Cumbria is ideal for commuters, being just a 45 minute journey from Lancaster and a 40 minute journey to the seaside of Morcambe.

A three-year programme of regeneration works which have transformed Maryport railway station has been celebrated by Community Rail Cumbria in partnership with Cumbria County Council. Following the investment of £1.2million to create a spacious car park at the front of the station, Maryport Transport Hub provides wide-ranging benefits such as free car-parking, safe access and improved signage. The hub aims to encourage people to travel by train along the Cumbrian Coast. Bringing the demand for rental property currently, through the roof!

In addition to this significant development, Northern Rail committed to major platform refurbishment works, including removal of vegetation, excavation and laying of foundations for new shelter, platform resurfacing, improved drainage, shelter lighting and customer information screens. Now a unique community initiative called ‘The Edge of Empire’, which complements the station improvements, has been unveiled by the Cumbrian Coast Community Rail Partnership (CRP), making now a great time to invest in the area.

  • Key features
    Tick Desktop 6 Bedroom HMO
    Tick Desktop Double glazed
    Tick Desktop All bedrooms fitted with en-suite
    Tick Desktop Excellent location
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop Great transport links
    Tick Desktop Excellent returns
    Tick Desktop 8% NET yield
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £39,420
Lettings fees £3,942
Net income £23,294
Gross yield 13.59%
Net yield 8.03%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.