NSW Properties are pleased to bring this fantastic investment opportunity to the market.
The property is located on Wigan Road which is within walking distance of Ormskirk town centre, Edge Hill University and amenities including bars, shops and restaurants. This area of the town is highly desirable and extremely popular with student tenants. It also has excellent transport links.
The property is currently let to four students and has the potential of producing an attractive annual gross return of £23,500 and providing a potential yield of around 11%.
The fully furnished accommodation briefly consists of a welcoming entrance hallway which gives access to a large communal lounge area. The lounge leads to a modern brand new kitchen (fitted Summer 2017) which boasts a range of fitted units, fridge freezer, washing machine and oven/hob. The well-equipped kitchen also provides access to a convenient utility room and downstairs toilet from which access to the rear yard and garden can be gained. A generously sized double bedroom at the front of the property completes the ground floor.
Two more large double bedrooms and an additional double sized bedroom are located on the 1st floor. The modern themed bathroom completes the first floor with a bath that benefits from ceiling to floor tiles and an overhead electric shower.
Further benefits for this well-equipped property include central heating with an efficient condensing boiler, double glazing, and a brand new roof that was installed Summer 2016.