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AGENT'S DETAILS


Large HMO Investment - Superb Renovation

For sale: POA

PROPERTY DETAILS

FOR SALEPOA
ADDRESS258 Park Road, Toxteth, Liverpool, Merseyside, L8 4UE
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON11th September 2020

DESCRIPTION

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!

Income
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)

Features
Large HMO Investment

16 Rooms & 16 Bathrooms

Excellent Occupancy & Management In Place

High-End Conversion

Total Income £81,540 PA

2% + VAT Buyers Fee Applies

LOCATION

Location: 258 Park Road, Toxteth, Liverpool, Merseyside, L8 4UE

Brunswick (0.5 miles)

St Michaels (0.7 miles)

Edge Hill (1.5 miles)

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