Herrick Street - SECURED - 2 Bedrooms Terraced

Located within the residential area of Wavertree, Liverpool, this 4 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 and WC downstairs, three bedrooms with shared bathroom upstairs and one bedroom on the second floor.

It is in good condition throughout, requiring very little renovation, it is currently let with a long

term tenant in-situ and will cash flow immediately.

Mandatory refurb - Total: £5,450 + VAT

• Professional cleaning 300

• Boiler service/Gas safe certificate 450

• Painting and decorating 3000

• Carpets 3000

• Various repairs (joinery, electrical etc) 1200

• Project management 800

There are two renting options available:

• On-Market @ £750 - Currently rented for £695

• 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%

Comparables:

76 Ronald Street - 2 Bedrooms Terraced - Sold for £102,000 on 4 Apr 2024

https://www.rightmove.co.uk/house-prices/details/england-142915448-20402476?s=c4c2ce715be75e2c0fa65ca28f1318fefcbafec3416c3bfe08f6f0696bfad1ca#/

66 Ronald Street - 2 Bedrooms Terraced - Sold for £82,500 on 16 Jun 2023

https://www.rightmove.co.uk/house-prices/details/england-125478338-18539806?s=c2282675f57bd50444a8c03f4f77af861f1554e3bc5329e4164deb41c54d0e41#/