- 6 Bedroom, 6 Bathroom HMO with Kitchenette +
- Full HMO License In Place +
- Being Sold With Working Professional Tenants In Situ +
- 15.5% Gross Yield +
- Freehold Property +
- Annual Income Just Over £44,250.00 +
This mid-terraced property consists of six double bedrooms with each having an en-suite, there are two bedrooms on the ground floor, three on the second floor and one in the attic. The kitchen area has been finished with a modern high-end feel with built-in oven, double hob, microwave, sink/drainer, and extractor fan with a breakfast bar.
On the ground floor there is a long conservatory from the kitchen leading to the rear garden which is accessible via patio doors. There is a large breakfast bar with space for four or five dining spaces and is a charming space to eat.
All of the bedrooms include kitchen storage and a three-piece bathroom suite. To the rear is a s private garden space covered in gravel and accessible via wooden steps from the patio doors off the conservatory. The front is similar with a small graveled front space.
INVESTMENT INFORMATION
* Full address: 23 Newark Street, Liverpool L43RP
* Asking price: £280,000.00
* 6 Bedroom HMO property
* HMO license in place
* Working professionals in situ
* Tenure: Freehold
* Service charge: N/A
* Ground rent: N/A
* Current rental income: £3,605.00pcm (£43,260.00 per annum)
* Gross yield: 15.5%
* Current outgoing costs per month:
o Council tax - £134.00
o Utilities: £500.00pcm
o Cleaning: £45.00pcm
o Water: £70.00pcm
o Internet: £50.00pcm
o Management fees: 10%
o Total: £1,159.50pcm (£13,914 per annum)
* Net yield: 10.5%
* Bedrooms: 6 - Ensuite with kitchenette
* Bathrooms: 6
* Comes with the current furniture
* Parking: On Street