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 and WC downstairs, two bedrooms with shared bathroom upstairs. Off-road parking.
Mandatory refurb - Total: £9,900 + VAT
• Boiler service/Gas safe certificate 450
• Electrical certificate/smoke detectors 750
• Painting and decorating 3000
• Carpets 3000
• Various repairs (joinery, electrical etc) 1800
• Project management 900
There are two renting options available:
On-Market @ £750
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 7.38%
Social Housing Lease 8.12%
Comparables:
72, Wandsworth Road - 2 Bedrooms Terraced - Sold for £145,000 on 27 Oct 2023
Pennycress Drive - 2 Bedrooms Terraced - Sold for 150,000 on 03/04/2024
https://www.rightmove.co.uk/properties/86830332#/?channel=RES_BUY
Property Particulars
Buy to Let
Freehold
Vacant
Property Details
Property Type
End-Terrace
Bedrooms
2
Bathrooms
2
Estimated Rent
£825
Gross Yield
8.12%
EPC Grade
C
Property Location
86 Wandsworth Road, Liverpool L11 1DS, UK