Value-Add HMO Investment Opportunity - 9 Beds - Bridge Street, Warrington - £360,000 A rare opportunity to acquire a substantial 9-bedroom HMO-style property in the heart of Warrington town centre - 116-116a Bridge Street, WA1 2RU - priced to reflect the need for light refurbishment. The property is part-way through renovation, giving investors the chance to put their own stamp on the final finish and maximise rental potential. Once completed, the property is well-positioned to achieve strong returns in a high-demand area.
Investment Summary: Layout: 9 bedrooms with shared kitchen and communal areas Estimated Monthly Rent (Once Refurbished & Fully Let): Up to £5,550 PCM Estimated Annual Income: £66,600 Projected Gross Yield (Post-Refurb): Approx. 18.5% Location Highlights: Prime town centre location Walking distance to Warrington Central & Bank Quay stations Close to shops, cafes, and major employers Strong tenant demand from professionals and contractors
Refurbishment Notes: The property is currently mid-refurbishment and will require additional investment to bring it up to rental standard. Ideal for an investor or developer looking to add value and secure a high-yielding asset.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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