5 Bed HMO, Liverpool, L15 3HP, £275,000

Barrington Road, Wavertree, Liverpool, L15 3HP - 3 months ago

Sold STC
HMO
ROI: 1%
~178 m²
+4 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Room Rate

£367

Gross Rent

£1,833

Running Costs/mo

£1,793

Cashflow/mo

£40

Cashflow/yr

£480

ROI

1%

Gross Yield

8%













Property History

Listed for £275,000

December 11, 2024

Sold for £36,000

1999

Floor Plans

Description

  • Five-bedroom HMO +
  • Currently let for £22,000 per annum +
  • Gross yields of 8% +
  • Turn key investment +
  • NO CHAIN +
  • Freehold. Council tax band: B. +

Attention Investors! Venmores Estate Agents are delighted to present to the sales market this five-bedroom HMO on Barrington Road, Wavertree.

The property is currently let for £22,000 per annum, offering a gross yield of 8%.

Upon entering, you are greeted by a welcoming entrance hall which provides access to a living room, kitchen and downstairs bedroom.

As you ascend to the first floor, you are greeted by three bedrooms and a three piece bathroom.

The second floor benefits from a further double bedroom. The basement offers additional living space and a utility room.

Externally, the property benefits from a generous enclosed yard. Internal inspection comes highly recommended by the agent. NO CHAIN.

Agent Details

Venmore, Liverpool

0151 453 6513

Next Steps?

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

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