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Spacious one bedroom tenanted apartment for sale in the Dingle region of Liverpool city centre. Current market estimated rent at £450.00pcm however market rate is around £575.00pcm


Price:

£90,000.00

Gross Rent:

£6,900.00

Gross Yield:

7.6%

Tenancy Status: Tenanted

Tenure: Leasehold

Furnishings: Unfurnished

The Property

Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Public Rooms
Public Rooms: 1
Furnishings
Unfurnished
Size
444

The property consists of: Entrance hallway leading to the family bathroom which has a bath, sink and toilet. A good-sized double bedroom is also accessible from the entrance hallway. There is also an open planned kitchen/living space to the right of the hallway. This is a fantastic space and one of the largest in the area for a one-bedroom apartment. The kitchen has sink and drainer along with a oven with hob. There is a storage room also where the water tank is housed.

The property also benefits from car parking facilities to the rear which are available to residence and visitors.  

 

Caryl Street - Investment Highlights

·         Guide price £90,000.00

·         Current rental price £450.00pcm

·         Expected market rental £575.00pcm

·         Annual service charge and ground rent - £1,400.00 per annum

·         Management/lettings cost per annum - £600.00 per annum Purple Bricks

·         Leasehold – 100 years remaining

·         Yield return of 7.3%

·         Approximately 41.3sqm

 

Lettings and Management

·         The property has been let through Purple Bricks and has been for 3 years with the current tenant being in place. Charges are 10% + VAT for the management of the property.

 

Current Tenancy Status

·         Current tenants contract runs out on the 30th of September 2022. The tenant has indicated that she would be looking to extend the tenancy and would be happy to commit to a 12-month contract.

 

Caryl Street - Local Amenities and Information]

·         Located in a popular residential area

·         Near all local transport links

·         Near local amenities

·         Bus stop outside the apartment block

·         Within walking distance to Liverpool city centre

Caryl Street - Purchase Process
1. Complete a reservation from to secure the unit and provide AML documents
2. Pay £1,250.00 plus VAT (50% of sourcing fee). Additional £1,250.00 plus VAT due on successful completion.
3. Solicitors instructed
4. Balance due on completion.

 



Specialists in selling tenanted property for investors and landlords.

Earn rental income right up to completion.

Avoid costly void periods.

No need to evict tenants and distrut lives.

We have 1000's of investors actively seeking tenanted properties.

Portfolio8 - Property Investment

Get a question?

Our hugely experienced sales team are here to help you.

Contact Us

If you would like further details about this investment opportunity, please contact us using the form below or call us directly.

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