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Bishop Road - SECURED - 4 Bedrooms Terraced

37 Bishop Road, Anfield, Liverpool L6 0BJ, UK

On Market

£115,000

Property Description

Located within the residential area of Liverpool, 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, four bedrooms with shared bathroom upstairs.


Rightmove Link :https://www.rightmove.co.uk/properties/159258554#/?channel=RES_BUY


Mandatory refurb - Total: £16,500 + VAT

• Boiler service/Gas safe certificate 450

• Roof/gutter repair 600

• Consumer unit 700

• Electrical certificate/smoke detectors 750

• Partial plastering 900

• Painting and decorating 4300

• Carpets 4200

• Kitchen and bathroom updating 1600

• Various repairs (joinery, electrical etc) 1500

• Project management 1500


There are two renting options available:

-On-Market @ £950

-Social Housing Lease @ £1050

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 8.46%

-Social Housing Lease 9.35%


Comparables:

19 Bishop Road - 3 Bedrooms Terraced - Sold for £128,000 on 06 Jun 2023

https://www.rightmove.co.uk/house-prices/details/england-135695933-93834042?s=84cd363fdc8fa3def5fa0cb7c181cbbea96d7f71dae532d7d9487647145c85c9


25 Bishop Road - 3 Bedrooms Terraced - Sold for £123,000 on 06 Nov 2023

https://www.rightmove.co.uk/house-prices/details/england-142765928-19456732?s=13335916a7f0442292c5172a1091e905be593ffd418a1865b2f4cacf4a43315e



Property Particulars

Buy to Let

Freehold

Vacant

Property Details

Property Type

End-Terrace

Bedrooms

4

Bathrooms

1

Estimated Rent

£1050

Gross Yield

9.35%

EPC Grade

E

Property Location

37 Bishop Road, Anfield, Liverpool L6 0BJ, UK

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