Property Description
Located within the residential area of Bootle, this 3 bedroom is ideally positioned for access to all local shops, facilities and bus routes.
The property is in close proximity of the neighbouring transport links including the trains, trams and motorway networks.
The accommodation comprises lounge, dining and kitchen downstairs, three bedrooms with shared bathroom upstairs.
https://www.rightmove.co.uk/properties/154281065#/?channel=RES_BUY
Leasehold - Ground rent £3.36 per annum with 878 years remaining on the lease.
Video Tour: https://youtu.be/HHlEz7qNZcY
Mandatory refurb - Total: £25,000 + VAT
• Boiler service/Gas safe certificate 450
• Roof/gutter repair 900
• Consumer unit 700
• Garden works / shed 1100
• Electrical certificate/smoke detectors 750
• Damp works 4800
• Painting and decorating 3500
• Partial carpets 2800
• New kitchen 6600
• Various repairs (joinery, electrical etc) 1200
• Project management 2200
There are two renting options available:
-On-Market @ £850
-Social Housing Lease @ £850
Provider pays the utility bills
Each property must be furnished with white goods (fridge, washing machine, cooker)
They do not pay a deposit
Lease is 5 years
Rent review on the 24th month and 48th month, in line with CPI capped at 5%
Estimated Rental Yield:
-On-Market 8.64%
-Social Housing Lease 8.64%
Comparables11 Clare Road - 2 Bedrooms Terraced - Sold for £115,500 on 19 Dec 2024
95 Sidney Road - 3 Bedrooms Terraced - Sold for £131,000 on 01 Nov 2024
25 Selwyn Street - 3 Bedrooms Terraced - Sold for £115,000 on 13 Sep 2024
5 Margaret Road - 3 Bedrooms Terraced - Sold for £110,000 on 06 Sep 2024
Property Particulars
Buy to Let
Leasehold
Vacant
Property Details
Property Type
Terraced
Bedrooms
3
Bathrooms
1
Estimated Rent
£850
Gross Yield
8.64%
EPC Grade
C
Property Location
249 Bedford Road, Bootle L20 9ND, UK