£185,000 For Sale

Arkles Lane, Liverpool

5 1

Newly Converted HMO in Liverpool, 

Extensive Refurbishment, 

5 Double Bedrooms, 

Income Expected £24,000,

£3000 Finders Fee

Projected Completion May 2021

Summit Management are delighted to be presenting this 5 double bed HMO.

The property is currently undergoing a complete refurbishment and conversion to a 5 bed, 3 bathroom HMO. One room benifits from a kitchenette & en-suite and another has a kitchenette and living room.

Arkles Lane is in a fantastic location in Anfield, overlooking Stanley Park and a stone’s throw from Anfield football stadium. Nearby, there are vibrant cafes and restaurants and a plethora of take-aways. Local amenities are equally close and within 400 metres of the property there is a local Co-op food store with an Aldi and an Iceland also close by.

Transport links in the area include 3 regular bus services within walking distance. These run every 6 to 8 minutes on weekdays. 

Monthly Income

Room 1 £350.00

Room 2 £350.00

Room 3 £475.00   Living Room + Kitchenette 

Room 4 £350.00

Room 5 £475.00   En-Suite + Kitchenette 

The property has an additional cost for the furniture pack of £4989.00 + VAT this can be leased over a 3 year term. Appoximatley £125.00 per month. 

Projected monthly Running Costs

Gas £ 90.00 / Electric £ 60.00 / Water £ 35.00 / Council Tax £ 110.00
Broadband £ 20.00 / Cleaner £ 60.00 / Management £ 240.00

Total Income: £24,000 Gross Yield: 13%

 

*Please note the photos shown are of a previous project of the vendors

 

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