NSW Properties are pleased to bring this fantastic investment opportunity to the sales market. The property is located on Burscough Street which is within walking distance of Hattresley Retail Park as well as 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 four students for the current academic year 2020/21 producing an annual gross return of circa £15,360, returning a yield of 8.3%, with potential to achieve a higher rent for the next academic year, subject to securing tenants.
The property briefly comprises of one double bedroom to the ground floor, reception/dining room, kitchen and bathroom to the rear. To the first floor there are a further two double bedrooms and one single bedrooms.
Further benefits of the property included are double glazing and gas central heating throughout the property.