FullDescription NSW Properties are pleased to bring this fantastic investment opportunity to the market. The property is located on Chapel Street which is within walking distance of Ormskirk Town Centre and all the amenities it has to offer including bars, shops and restaurants. Excellent transport links surround this area and the property is ideally a short distance to Edge Hill University making this accommodation highly desirable and extremely popular with student tenants.
The property is currently let to five students producing an attractive annual gross return of £28,875 per annum representing a yield of 11%.
The fully furnished accommodation briefly consists of a welcoming entrance hallway which gives access to the first of the en-suite bedrooms and a large lounge area and fully fitted kitchen to the rear boasting a range of fitted units, fridge freezer, washing machine and oven/hob. The well equipped kitchen also provides access to the rear garden of the property via a single door.
The stairs from the entrance hallway lead to the first floor landing area were a further three en-suite bedrooms can be accessed.
Carrying on to the second floor you will find the final en-suite.
Further benefits include central heating, double glazing and fitted alarm system.
Not only could this add significant value to this investment as a property alone but it would of course increase the income being generated whilst let to students.
The property also benefits from gas central heating and double glazing.