Portfolio of 5 Flats, Stanley Road, Liverpool, Merseyside

Details

7.8% NET YIELD!!! TENANTED & FULLY MANAGED!!! Long standing tenants with scope to increase rental amount.

TAKE A LOOK AT OUR RECENT PHOTOS, FLOORPLANS & 360 VIRTUAL TOURS OF EACH PROPERTY!

4 x flats on rolling monthly tenancies Flat 2 Reading Street on a 6 month AST All 5 properties are fully managed by a local professional letting agent.

Financial Performance: Stanley Road - £425pcm / £5,100pa Lemon Street - £575pcm / £6,900pa 2 Reading Street - £575pcm / £6,900pa 12 Reading Street - £508pcm / £6,096pa Swindon Street - £498pcm / £5,976pa

Total Gross Rental Income: £30,972pa Service Charges: £1,200pa x 5 = £6,000pa Ground Rents: £50pa x 5 = £250pa Lettings Fees 10% + VAT = £3,716.64pa

NET Income: £21,005.36 NET Yield: 7.8%

Mr Investa are pleased to present this fully managed and high yielding investment opportunity to quickly expand your property portfolio. This bulk purchase consists of 5 x 3 bedroom flats located close together in and around Stanley Road, L5. Averaging at £54,000 per property, this is a lucrative investment opportunity not to be missed.

The Kirkdale area of Liverpool is conveniently located just 2 miles north of the city centre making this a popular and affordable area for many renters that require a short commute to shops and other amenities. Tenants have easy access to public transport including regular bus services nearby to easily travel around Liverpool and also Sandhills Train Station which is only half a mile away. Both well known football clubs, Liverpool FC and Everton FC, are approximately 1 mile away from Stanley Road where residents can enjoy a scenic walk around Stanley Park & Gardens.

3 of the units are a similar spec - duplex flats approximately 900sqft in size. The remaining 2 units on Stanley Road and Lemon Street are similar with accommodation all on one level, approximately 750sqft in size, plus additional balcony area. Refer to floorplans for more information.

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be checked via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.