6 Bed HMO, Liverpool, L3 5PE, £500,000

Seymour Street, Liverpool, Merseyside, L3 5PE - 8 views - 5 months ago

Sold STC
HMO
ROI: 2%
~186 m²
+15 photos

ValuationOvervalued

Sold Prices£70K - £635K
Sold Prices/m²£476/m² - £2.9K/m²

 

 

Square Metres

~186 m²
Price/m²£2.7K/m²

Value Estimate

£278,423

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Room Rate

£529

Gross Rent

£3,174

Running Costs/mo

£2,947

Cashflow/mo

£227

Cashflow/yr

£2,724

ROI

2%

Gross Yield

8%

Local Sold Prices

33 sold prices from £70K to £635K, average is £275K. £476/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£300K09/230.6 mi53, Hall Lane, Kensington, Liverpool, Merseyside L7 8TE6
£265K10/200.72 mi98, Edinburgh Road, Kensington, Liverpool, Merseyside L7 8RF6
£70K12/201.29 mi18, Danube Street, Liverpool, Merseyside L8 0QR6
£70K12/201.29 mi18, Danube Street, Liverpool, Merseyside L8 0QR6
£370K05/231.41 mi5, Balmoral Road, Fairfield, Liverpool, Merseyside L6 8NB6
£635K07/221.47 mi37, Bentley Road, Liverpool, Merseyside L8 0SY6
£475K05/221.47 mi19, Bentley Road, Liverpool, Merseyside L8 0SY6
£110K03/211.5 mi2, Ellel Grove, Liverpool, Merseyside L6 4AB6
£231K11/211.59 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£231K11/211.59 mi70, Fern Grove, Liverpool, Merseyside L8 0RZ6
£142K11/221.6 mi22, Salisbury Road, Wavertree, Liverpool, Merseyside L15 1HN6
£354K04/231.63 mi91, Hartington Road, Toxteth, Liverpool, Merseyside L8 0SE6
£100K05/211.73 mi63, Lorne Street, Liverpool, Merseyside L7 0JP6
£162.5K02/211.76 mi103, Newsham Drive, Liverpool, Merseyside L6 7UH6
£130K02/211.77 mi22, Portman Road, Liverpool, Merseyside L15 2HJ6
£480.5K04/211.84 mi22, Lancaster Avenue, Sefton Park, Liverpool, Merseyside L17 3AZ6
£190K04/231.85 mi4, Orwell Road, Liverpool, Merseyside L4 1RQ6
£275K10/212.06 mi24, Marlborough Road, Tuebrook, Liverpool, Merseyside L13 8AX6
£325K04/232.06 mi39, Gresford Avenue, Wavertree, Liverpool, Merseyside L17 2AN6
£250K03/232.16 mi11, Sandringham Road, Tuebrook, Liverpool, Merseyside L13 8BX6
£485K12/202.25 mi9, Pelham Grove, Liverpool, Merseyside L17 8XD6
£340K06/212.34 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£340K06/212.34 mi40, Tynwald Hill, Liverpool, Merseyside L13 7DP6
£610K03/232.37 mi5, South Drive, Wavertree, Liverpool, Merseyside L15 8JJ6
£225K05/212.73 mi144, Liscard Road, Wallasey, Merseyside CH44 0AB6
£210K02/212.74 mi54, Trinity Road, Bootle, Merseyside L20 3BB6
£413K06/222.75 mi7, Penkett Road, Wallasey, Merseyside CH45 7QE6
£450K02/212.76 mi5, Dovedale Road, Liverpool, Merseyside L18 1DN6
£249.9K03/212.76 mi10, Ampthill Road, Liverpool, Merseyside L17 9QW6
£502K07/232.88 miAshlea, Rock Park Road, Birkenhead, Merseyside CH42 1PP6
£235K01/232.93 mi35, Holland Road, Wallasey, Merseyside CH45 7RA6
£513K04/212.94 mi13, Menlove Avenue, Liverpool, Merseyside L18 1LS6
£323K04/212.99 mi21, Dalton Road, Wallasey, Merseyside CH45 1HL6

Local Area Statistics

Population in L3

17,396

Population in Liverpool

675,519

Town centre distance

3.50 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+67%

Sales demand

Buyer's market

Capital growth (5yrs)

+18%

Property History

Listed for £500,000

November 5, 2024

Floor Plans

Description

  • 6 Bedrooms +
  • External +
  • Shower Room +
  • Kitchen/Lounge +
  • Shower Room +
  • Shower Room +
  • Store +

Investment Opportunity - 6 Bedroom Licenced HMO

A unique opportunity to purchase this Freehold, four-storey Victorian-style Townhouse that has been converted into a fully operational HMO and is currently fully tenanted.

All three of the upper floors are of similar configuration with two double bedrooms & a three piece modern fitted shower room. To the lower floor, Entrance hall, open-plan living with kitchen and dining space.

Please see brochure/particulars for full details of income for this fantastic - ready made investment opportunity situated within 5/10 minute walk of Liverpool Lime Street, Universities & Hospitals

EPC Grade - C
Council Tax band - (B - where applicable)

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIV240666/2

Agent Details

Reeds Rains, Liverpool

0151 453 6482

Next Steps?

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