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Frederick Grove - 2 Bedrooms Terraced

11 Frederick Grove, Liverpool L15 8HW, UK

On Market

£120,000

Property Description

Located within the residential area of Liverpool, this 2 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 / kitchen with shared bathroom downstairs, two bedrooms upstairs.


There are two renting options available:

  • On-Market @ £725

  • Social Housing Lease @ £825

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 6.80%

  • Social Housing Lease 7.74%


Mandatory refurb - Total: £6,600 + VAT

• Boiler service/Gas safe certificate 450

• Roof/gutter repair 600

• Electrical certificate/smoke detectors 750

• Painting and decorating 3000

• Various repairs (joinery, electrical etc) 1200

• Project management 600



Property Particulars

Buy to Let

Freehold

Vacant

Property Details

Property Type

Terraced

Bedrooms

2

Bathrooms

1

Estimated Rent

£825

Gross Yield

7.74%

EPC Grade

D

Property Location

11 Frederick Grove, Liverpool L15 8HW, UK

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