Lovely Lane

Investment Opportunity – 111 Lovely Lane, Warrington, WA5 1TZ

Fully Let 5-Bedroom HMO with Sitting Tenants

An exceptional opportunity to acquire a refurbished, fully licensed 5-bedroom HMO in Warrington, offered with sitting tenants and immediate income potential. Ideal for investors seeking a high-yield, low-maintenance rental asset in close proximity to Warrington Hospital and local amenities.

Property Overview

• Five-bedroom HMO, all rooms with private ensuite shower/WC
• Communal kitchen for shared living
• Rooms spread across ground floor (2) and first floor (3)
• Parking for 2 cars to the rear within title footprint
• Leasehold: 999 years remaining (from 1893)
• Formerly split into 2 self-contained flats; fully refurbished and converted in 2024
• HMO Licence No. 249 granted 18th December 2024 for 5 years

Location

• 100 yards from Warrington Hospital – ideal for medical staff, students, and professionals
• Excellent access to local amenities, transport links, and the town centre

Tenancy & Income

Total rental income (fully let): £3,130 pcm (£37,560 pa)

Outgoings / Running Costs

• Council Tax Band B: £1,800 pa (£150 pcm)
• Gas: £330 last month
• Electricity: £80 last month
• Water: £30 pcm (estimated)
• Broadband (Plusnet): £30 pcm
• Buildings Insurance: £80 pcm
• Total approximate monthly outgoings: £700

Investment Highlights

• Immediate income – rooms already let and reserved
• High-yield opportunity – fully ensuite HMO in Warrington
• HMO licence in place, fully compliant with regulations
• Low maintenance – fully refurbished in 2024
• Prime location close to Warrington Hospital, ensuring strong tenant demand
• 5-room configuration allows flexible income streams and room-by-room management
• Parking for 2 cars, a rare feature for town centre HMOs

Yields & Returns

Asking Price: £350,000

Gross Yield: Gross annual income:£37,560 = 10.73%

Net Yield (after outgoings): Net annual income: £30,000 = 8.6% (approx.)

This demonstrates a strong, reliable return for investors; however, it is worth noting that single-room market rents in this area are typically around £700.00 per month, offering the opportunity for a significant uplift over time.

Why This Property Appeals to Investors

111 Lovely Lane represents a low-risk, high-return HMO investment. With private ensuites for all rooms, a strong rental market nearby, and excellent local demand, this property is perfect for investors seeking steady income, long-term capital growth, and a fully compliant HMO asset.

Summary

• 5-bedroom HMO with private en-suites
• HMO Licence in place
• Fully refurbished/converted in 2024
• Potential rental: £3,500 pcm (£700 per room)
• Gross Yield: 10.73% | Net Yield: 8.6%
• Parking for 2 cars
• Close to Warrington Hospital
• Leasehold: Long peppercorn lease

Get in touch with the team