258, Park Road, Toxteth, Liverpool, Merseyside, L8 4UE
A stunning HMO in Liverpool generating in excess of £80,000 PA and under excellent local management. With 16 rooms (14 en-suites & 2 'off'-suites), the house offers spacious accommodation to the tenants which also includes a study/home work area, three kitchens and three lounge/reception rooms.
Great location – Popular with white collar workers being so close to the city centre with great transport links. Baltic Triangle a popular work area is only a 10-minute walk. Ideal for young professionals. 2-minute walk to local shops, TESCO is directly opposite the house. Bus takes 10 minutes to get to Liverpool One. Refurbishment work was done to an extremely high standard. 3 Kitchens, 3 Communal areas and 2 study rooms!
Average rent currently £425 per room
Monthly Gross rent = £6,795 / Annual Gross Rent = £81,540
Costs to run:
10% Management = £680 (subject to VAT)
10% Maintenance / Voids = £680
Utilities (Water, Council Tax, TV Licence, Electric, WIFI) = £1,290
(ESTIMATED DEPENDING ON USAGE)
Large HMO Investment
16 Rooms & 16 Bathrooms
Excellent Occupancy & Management In Place
Total Income £81,540 PA
2% + VAT Buyers Fee Applies