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    Sold STC

    Edge Lane, Fairfield, Liverpool

    Offers In Region of £295,000Freehold

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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,401 /mo.25 Years, 4% Interest
    Loan
    ÂŁ265,500
    Total Repay
    ÂŁ420,422

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ4,750
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ250,000
    5% from ÂŁ250,000 to ÂŁ295,000
    Your effective stamp duty rate is 1.61%
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    Bradford BD1 2AZ

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    Sold STC

    Edge Lane, Fairfield, Liverpool

    Offers In Region of £295,000

    Semi-detached house
    5 Bedrooms3 Bathrooms1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Tenanted investment property
    HMO
    Fully let
    Gross income of over £30,000
    Five bedrooms
    2 ensuites
    Sold furnished
    Hands off investment
    Freehold
    Invest today

    Description

    ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

    Offered to the market as a ready-made investment, this converted HMO property presents a fantastic opportunity to acquire an up and running HMO property investment. The property is well located within a short commute to a variety of locations in Liverpool as well as the Citys universities. The property has a modern feel throughout and benefits from an a easy to maintain garden to the rear.

    This style of investment is high in demand in the and provides a great opportunity for an established investor to expand their portfolio.

    A look inside the property:

    The property briefly comprises: To the ground floor; Entrance hallway with access to mailboxes and fire alarm panel, lounge, kitchen, 1 en-suite bedroom, utility area and access to the garden.

    To the first floor, 2 double bedrooms (1 ensuite), and the communal bathroom;

    To the second floor, 2 further double bedrooms.

    Externally there are gardens front and rear.

    Financial breakdown:

    Occupancy: Tenanted
    Tenure: Freehold
    Gross income: £30,600 PA
    Gross yield: 10.4%

    Council tax - £2000
    Electric - £1800 (Estimated)
    Gas - £1800 (Est.)
    Buildings insurance - £400 (Estimated)
    Management fees - £3213 PA
    WIFI - £480PA (Est.)
    Cleaning - £1200PA

    NET income: £19,707
    NET yield: 6.7%

    **Please note these figures are provided as a guide only based on the figures the current owner has provided us. These should be used as a guide only and we encourage any interested party to conduct independent research prior to committing to an offer. Please contact our office should you wish to discuss**

    Location
    Located perfectly for easy access throughout Liverpool, these rooms suit a variety of tenant types.

    Liverpool Regeneration: How is the city changing?

    From significant roads to state-of-the-art shopping centres, Liverpool has gone through regeneration efforts in the last decade. The city was decimated in the 1980s with mass unemployment subject to the failing manufacturing industry. Since then, though, billions of pounds have been pumped into the city, completely revitalising an area that had been neglected for so long. Like a butterfly from a cocoon, Liverpool is unrecognisable from even a decade ago and is now one of the major economies outside of London. With a reported £10 billion in the pipeline to further redevelop the city, the potential of Liverpool to become one of the greatest locations in the world is high. In this guide, we will discuss the areas that have been completely transformed and the major projects that have helped to achieve it, which have helped to create a regeneration hotspot.

    Points of interest:

    - City centre: Approx. 10 minutes drive
    - University of Liverpool: Approx. 20 minutes walk
    - Liverpool John Moores University: Approx. 30 minutes walk
    - Liverpool hospital:  Approx. 20 minutes walk
    - Edge Hill train station: Approx. 15 minutes walk

    Entrance Hallway

    Lounge 3.5 x 3.2 (11'5" x 10'5")

    Kitchen 3.7 x 2.5 (12'1" x 8'2")

    Garden

    Bedroom 1 (en suite) 4.1 x 4.3 (13'5" x 14'1")

    Bathroom 2.5 x 1.8 (8'2" x 5'10")

    Bedroom 2 3.6 x 3.3 (11'9" x 10'9")

    Bedroom 3 (ensuite) 3.8 x 4.5 (12'5" x 14'9")

    Bedroom 4 3.6x.3.4 (11'9"x.11'1")

    Bedroom 5 5.3 x 4.5 (17'4" x 14'9")

    Viewings not available

    Kensington Primary School
    (0.22 miles)
    Good
    Number of pupils: 500
    Age Range: 3 - 11
    St Sebastian's Catholic Primary School and Nursery
    (0.27 miles)
    Outstanding
    Number of pupils: 241
    Age Range: 3 - 11
    St Anne's Catholic Primary School
    (0.54 miles)
    Good
    Number of pupils: 269
    Age Range: 3 - 11
    Phoenix Primary School
    (0.57 miles)
    Good
    Number of pupils: 223
    Age Range: 3 - 11
    Christian Fellowship School
    (0.61 miles)
    Good
    Number of pupils: 162
    Age Range: 4 - 16
    New Park Primary School
    (0.61 miles)
    Outstanding
    Number of pupils: 475
    Age Range: 3 - 11
    Nazene Danielle School of Performing Arts
    (0.61 miles)
    Number of pupils: 15
    Age Range: 11 - 12
    The Academy of St Francis of Assisi
    (0.64 miles)
    Requires improvement
    Number of pupils: 866
    Age Range: 11 - 16
    Sacred Heart Catholic Primary School and Nursery
    (0.66 miles)
    Good
    Number of pupils: 183
    Age Range: 3 - 11
    Smithdown Primary School
    (0.68 miles)
    Outstanding
    Number of pupils: 441
    Age Range: 3 - 11