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    Rainford Gardens, Liverpool

    Offers In Region of £100,000Leasehold

    111
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    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ475 /mo.25 Years, 4% Interest
    Loan
    ÂŁ90,000
    Total Repay
    ÂŁ142,516

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    You’ll have to pay the stamp duty of:
    ÂŁ0
    0% up to ÂŁ100,000
    Your effective stamp duty rate is 0%
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    Top floor, The Refuge Buildings
    Bradford BD1 2AZ

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    Rainford Gardens, Liverpool

    Offers In Region of £100,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:ÂŁ1,169 per year
    Ground rent:ÂŁ100 per year
    Time remaining on lease:101 years
    Council tax band:A
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Ready made investment property
    Hands off
    7.1% NET yield
    9.6% gross yield
    Filled with character
    Located in Liverpools 'Cavern Quarter'
    Fully compliant tenancy
    Great size
    Easy access to both universities
    Invest in Liverpools thriving property market

    Description

    ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

    The lettings Club are delighted to offer to market this tenanted one bedroom apartment in this period building in the heart of Liverpool City centre. Rainford Gardens is located on the doorstep of Liverpools historical 'Cavern Quarter', offering tenants a flavour of Liverpools culture whilst also providing convenient access to various major employers and universities.

    This offers a rare opportunity to purchase a property in the heart of Liverpools most famous cultural district at an affordable price, please get in touch early to avoid disappointment.

    Location:

    Cavern Quarter is made up of the iconic Mathew Street and surrounding streets. The streets here house iconic music venues, a Beatles Museum and of course The Cavern Club and Pub. This area of Liverpool is a bustling, lively part of the city characterised by its popular pubs, night spots and live music. At night, colourful projections and lights bring the area to life.

    This part of the City provides convenient access to the rest of Liverpool, meaning the property will be weil suited to a variety of tenant types.

    Points of interest:

    - Cavern club: Approx. 2 minutes walk
    - Liverpool One: Approx. 1 minute walk
    - Royal Albert docks: Approx. 15 minutes walk
    - Liverpool Lime Street: Approx. 10 minutes walk
    - University of Liverpool / LJMU: Approx. 15 minutes walk
    - Baltic Triangle: Approx. 15 minutes walk
    - Royal Liverpool Hospital: Approx. 25 minutes walk

    Financial Breakdown:

    Occupancy: Tenanted
    Tenure: Leasehold (Approx. 101 years remaining)
    Gross rent: £9,600
    Gross yield: 9.6%

    Service charge: Approx. £1169
    Ground rent: Approx. £100
    Lettings management: Approx. £1209.60

    Approx. NET: £7121.40PA
    NET yield: 7.1%

    Hallway 3.09 x 2.12 (10'1" x 6'11")

    Lounge/diner 4.19 x 5.89 (13'8" x 19'3")

    Kitchen 1.81 x 3.64 (5'11" x 11'11")

    Bathroom 2.41 x 1.66 (7'10" x 5'5")

    Bedroom 3.73 x 3.29 (12'2" x 10'9")

    Figures disclaimer
    **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**

    Holy Cross Catholic Primary School
    (0.43 miles)
    Good
    Number of pupils: 187
    Age Range: 3 - 11
    St Vincent de Paul Catholic Primary School
    (0.47 miles)
    Good
    Number of pupils: 254
    Age Range: 3 - 11
    Pleasant Street Primary School
    (0.58 miles)
    Good
    Number of pupils: 210
    Age Range: 3 - 11
    St Nicholas's Catholic Primary School
    (0.62 miles)
    Requires improvement
    Number of pupils: 133
    Age Range: 3 - 11
    LIPA Primary School
    (0.71 miles)
    Requires improvement
    Number of pupils: 360
    Age Range: 4 - 11
    Liverpool Life Sciences UTC
    (0.84 miles)
    Good
    Number of pupils: 496
    Age Range: 14 - 19
    The Studio School Liverpool
    (0.84 miles)
    Good
    Number of pupils: 277
    Age Range: 14 - 19
    The Trinity Catholic Primary School
    (0.89 miles)
    Inadequate
    Number of pupils: 352
    Age Range: 3 - 11
    Millstead School
    (0.93 miles)
    Outstanding
    Number of pupils: 132
    Age Range: 2 - 11
    Faith Primary School
    (1.02 miles)
    Good
    Number of pupils: 207
    Age Range: 3 - 11

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