Edge Lane, Fairfield, Liverpool

ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

Offered to the market as a ready-made investment, this converted HMO property presents a fantastic opportunity to acquire an up and running HMO property investment. The property is well located within a short commute to a variety of locations in Liverpool as well as the Citys universities. The property has a modern feel throughout and benefits from an a easy to maintain garden to the rear.

This style of investment is high in demand in the and provides a great opportunity for an established investor to expand their portfolio.

A look inside the property:

The property briefly comprises: To the ground floor; Entrance hallway with access to mailboxes and fire alarm panel, lounge, kitchen, 1 en-suite bedroom, utility area and access to the garden.

To the first floor, 2 double bedrooms (1 ensuite), and the communal bathroom;

To the second floor, 2 further double bedrooms.

Externally there are gardens front and rear.

Financial breakdown:

Occupancy: Tenanted
Tenure: Freehold
Gross income: £30,600 PA
Gross yield: 10.4%

Council tax - £2000
Electric - £1800 (Estimated)
Gas - £1800 (Est.)
Buildings insurance - £400 (Estimated)
Management fees - £3213 PA
WIFI - £480PA (Est.)
Cleaning - £1200PA

NET income: £19,707
NET yield: 6.7%

**Please note these figures are provided as a guide only based on the figures the current owner has provided us. These should be used as a guide only and we encourage any interested party to conduct independent research prior to committing to an offer. Please contact our office should you wish to discuss**

Location - Located perfectly for easy access throughout Liverpool, these rooms suit a variety of tenant types.

Liverpool Regeneration: How is the city changing?

From significant roads to state-of-the-art shopping centres, Liverpool has gone through regeneration efforts in the last decade. The city was decimated in the 1980s with mass unemployment subject to the failing manufacturing industry. Since then, though, billions of pounds have been pumped into the city, completely revitalising an area that had been neglected for so long. Like a butterfly from a cocoon, Liverpool is unrecognisable from even a decade ago and is now one of the major economies outside of London. With a reported £10 billion in the pipeline to further redevelop the city, the potential of Liverpool to become one of the greatest locations in the world is high. In this guide, we will discuss the areas that have been completely transformed and the major projects that have helped to achieve it, which have helped to create a regeneration hotspot.

Points of interest:

- City centre: Approx. 10 minutes drive
- University of Liverpool: Approx. 20 minutes walk
- Liverpool John Moores University: Approx. 30 minutes walk
- Liverpool hospital:  Approx. 20 minutes walk
- Edge Hill train station: Approx. 15 minutes walk

Entrance Hallway -

Lounge - 3.5 x 3.2 (11'5" x 10'5") -

Kitchen - 3.7 x 2.5 (12'1" x 8'2") -

Garden -

Bedroom 1 (En Suite) - 4.1 x 4.3 (13'5" x 14'1") -

Bathroom - 2.5 x 1.8 (8'2" x 5'10") -

Bedroom 2 - 3.6 x 3.3 (11'9" x 10'9") -

Bedroom 3 (Ensuite) - 3.8 x 4.5 (12'5" x 14'9") -

Bedroom 4 - 3.6x.3.4 (11'9"x.11'1") -

Bedroom 5 - 5.3 x 4.5 (17'4" x 14'9") -