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Winstone Road - 3 Bedrooms Terraced

73 Winstone Road, Liverpool, Merseyside L14 0LY, UK

On Market

£120,000

Property Description

Located within the residential area of Liverpool, Merseyside, 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 / kitchen and shared bathroom downstairs, three bedrooms upstairs.


Video Tour : https://youtu.be/ZLoIMDF60aA


Rightmove Link : https://www.rightmove.co.uk/properties/152352500#/?channel=RES_BUY


Mandatory refurb - Total: £7,220 + VAT

• 2x Fire door on the kitchen £1520

• Painting and decorating 3500

• Gas safe and boiler service £450

• Electrical certificate and smoke/heat detectors £750

• Asbestos £200

• Legionella £200

• Project management 600


There are two renting options available:

  • On-Market @ £875

  • Social Housing Lease @ £950

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 8.16%

  • Social Housing Lease 8.86%


Comparables


70 Winstone Road - 3 Bedrooms Terraced - Sold for £125,000 on 08 Mar 2024

https://www.rightmove.co.uk/house-prices/details/england-141897392-94057461?s=c24423c175aab68b3293b9c5aed4e6e64ef90b7cf89f5e90b02595077ec328ba#/


129 Grant Road - 3 Bedrooms Terraced - Sold for £140,000 on 28 Mar 2024

https://www.rightmove.co.uk/house-prices/details/england-140364590-21147754?s=5619d741159e6b8b4c6a9a8a32aef0c03f4cd4478e13cdabaf1f5a7f63334675#/


10 Peasefield Road - 3 Bedrooms Terraced - Sold for £132,000 on 05 Oct 2023

https://www.rightmove.co.uk/house-prices/details/england-136608353-21147763?s=168ad990fb9bb8b848392113f7a4e1e2929428912c0417f9edf4dcb858fe412b#/


97 Stonefield Road - 3 Bedrooms Terraced - Sold for £135,000 on 19 Dec 2023

https://www.rightmove.co.uk/house-prices/details/england-138828161-19896475?s=532283184021d0eeeb28a973dbe6e433b8299369fffed409c8902ffe149b53e3#/




Property Particulars

Buy to Let

Freehold

Vacant

Property Details

Property Type

Terraced

Bedrooms

3

Bathrooms

1

Estimated Rent

£950

Gross Yield

8.86%

EPC Grade

D

Property Location

73 Winstone Road, Liverpool, Merseyside L14 0LY, UK

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