20 Hampden Road, Birkenhead, Merseyside CH42 5LH

Description

A 6 bedroomed, ALL en-suite HMO in Birkenhead. This bay fronted semi-detached house stands on a corner plot with gardens to front and rear. Being sold on behalf of Receivers, the auctioneers have not inspected internally but believe it to comprise of six bedrooms, all of which are en-suite, and a well fitted communal kitchen.

Accommodation

Six bedrooms, all en-suite, and a well fitted communal kitchen. Gardens to front and rear.

Location

Located just a 2-minute walk from the local hospital attracting professional tenants. Local amenities including supermarkets, shops and leisure facilities are within easy walking distance. Green Lane train station is a 9-minute walk away, and the nearest bus stop is a 3-minute walk away. Public transport provides access to Liverpool city centre within 25 minutes.

Tenure / Property Information

Investment Analysis

The strongest evidence is the subject property’s reported completed sale at £250,000 on 1 November 2023. Other same-road semi-detached sales range from £120,000 to £185,000, although their accommodation and condition are not provided. A base GDV of £250,000 is therefore supportable but carries uncertainty because the property has not been internally inspected and its current condition, tenure and tenancy position are not confirmed. A cautious evidence-based scenario range is £185,000 to £250,000.

Investment Snapshot

Strategy Recommendation

Potential HMO buy-and-hold or BRRR acquisition, subject to internal inspection, tenancy review, HMO licensing/compliance checks and confirmation that the £34,000 annual rent is achievable. Do not rely on the apparent refinance headroom until total project costs are known.

Works Required

No specific refurbishment works are evidenced. An internal inspection is required to verify the six bedrooms, en-suites, communal kitchen, general condition and any required works or HMO compliance measures.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £175,000 guide, 75% of the £250,000 base GDV would be approximately £187,500. This indicates potential gross refinance headroom before allowing for the £1,500 buyer premium, refurbishment, finance, tax, legal costs and any other auction charges. The property’s uninspected condition and tenancy position prevent a reliable cash-left-in calculation.

Buy-to-Let Analysis

The auctioneer estimates £34,000 per annum if fully let, equivalent to approximately £2,833 per month and a gross yield of 19.43% against the £175,000 guide. This is an estimate rather than passing rent, with no external rental comparable identified. Net yield cannot be established because operating costs, finance costs, insurance, management, compliance costs and actual occupancy are unknown.

Flip Analysis

The reported subject sale at £250,000 supports the base GDV, but a flip surplus cannot be calculated because refurbishment costs, selling costs and the effect of any existing tenancy are unknown. The property has not been internally inspected, so resale condition and compliance cannot be verified.

Investor Risks & Due Diligence

• The auctioneers have not inspected internally, so condition and accommodation details are unverified.

• The property is only believed to be tenanted and is sold with any tenancies in place; actual rents, arrears, terms and vacant possession are unknown.

• The £34,000 annual rent is an auctioneer estimate if fully let, not verified passing rent or achieved market rent.

• No refurbishment or compliance budget can be established from the evidence.

• HMO licensing, fire-safety and other regulatory compliance are not evidenced.

• Additional fees may be listed in the Special Conditions of Sale.

• The comparable sales show a wide range from £120,000 to £250,000.

Recommendation

Potential HMO buy-and-hold or BRRR acquisition, subject to internal inspection, tenancy review, HMO licensing/compliance checks and confirmation that the £34,000 annual rent is achievable. Do not rely on the apparent refinance headroom until total project costs are known.

Strategy Rating

Analysis Confidence

There is strong same-address sale evidence and an auctioneer rent estimate, but no internal inspection, rental comparables, refurbishment budget, EPC, council tax, confirmed tenure, passing rent or complete fee schedule.