Investment Opportunity - Fully Let 6 Bedroom HMO - Cole Street, Prenton, Birkenhead, CH43 4US
Situated in a popular and well-established residential area of Prenton, this substantial three storey, six-bedroom House in Multiple Occupation (HMO) presents an excellent turnkey investment opportunity. The property is fully let with all rooms currently occupied, providing immediate rental income for prospective investors.
The accommodation is generously proportioned and arranged across three floors, with an additional basement level (not shown on the floor plan) offering further storage and utility space.
Ground Floor
The ground floor comprises a welcoming entrance hallway providing access to three well-sized letting rooms (Rooms 1 to 3), each offering comfortable bedroom accommodation. Also located on this level is the boiler room and access to the back garden is via Room 3.
First Floor
The first floor features the communal kitchen and dining room, providing ample space for tenants to cook and socialise. This level also includes two further double letting rooms (Rooms 4 and 5) with Room 4 offering an en-suite shower room. The shared shower room is on this floor for use by Rooms 1, 2, 3 and 5.
Second Floor
The top floor comprises Room 6, a spacious loft bedroom with its own en-suite shower room, creating a private and attractive living space for tenants.
Location
Cole Street is located within Prenton, Birkenhead, a well-connected area offering easy access to Birkenhead town centre, local shops, transport links and employment hubs. The property is also within convenient reach of Liverpool via the Mersey tunnels and local rail services, making it a desirable location for tenants.
Investment Summary
This property represents a ready-made HMO investment with a stable tenant base already in place. With generous accommodation, multiple en-suite facilities and strong local rental demand, the property offers an attractive opportunity for both new and experienced investors seeking a high-yielding asset in the Wirral rental market.
Viewings strictly by appointment only.
Some images may be digitally edited, virtually staged, or AI-enhanced for marketing purposes. They are intended as a guide only and may not accurately represent the property's current condition. Prospective purchasers should verify all details through their own inspection.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: A (Wirral Borough Council)
Tenure: Freehold
