6 Bed HMO, Liverpool, L22 1RD, £325,000

26 Great Georges Road, Liverpool, L22 1RD - 6 months ago

Sold STC
HMO
ROI: 8%
~186 m²
+16 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Room Rate

£494

Gross Rent

£2,964

Running Costs/mo

£2,299

Cashflow/mo

£665

Cashflow/yr

£7,977

ROI

8%

Gross Yield

11%













Property History

Price changed to £325,000

December 4, 2024

Listed for £375,000

October 9, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • EXCELLENT LOCAL SCHOOLS +
  • WALKING DISTANCE TO CROSBY BEACH +
  • IDEAL INVESTMENT OPPORTUNITY +
  • FORMELY USED FOR COMMERICAL PURPOSES +
  • POTENTIAL TO ALSO BE A FAMILY HOME +

Welcome to Great Georges Road, Waterloo, Liverpool - An outstanding development opportunity. This substantial property has great scope to be redeveloped and offers much flexibility. The current layout offers 6 beds but this could be converted into a HMO or self contained apartments.
Situated in an excellent location with high demand for rental properties. Close proximity to local amenities in Waterloo, a few minutes from Crosby and a short drive / train to Liverpool City Centre. At the same time enjoying the fabulous proximity to Crosby beach and excellent leisure opportunities.

Previously a commercial property with flats above, this house provides the unique chance to add value and create a truly special living space.
The property is also advertised with NO ONWARD CHAIN. CALL NOW FOR AN EARLY VIEWING!

Agent Details

Abode, Crosby

0151 453 9932

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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