23 Newark Street

This mid-terraced property consists of six double bedrooms with each having an en-suite, there are two bedrooms on the ground floor, three on the second floor and one in the attic. The kitchen area has been finished with a modern high end feel with built in oven, double hob, microwave, sink/drainer, and extractor fan with a breakfast bar. On the ground floor there is a long conservatory from the kitchen leading to the rear garden which is accessible via patio doors. There is a large breakfast bar with space for four or five dining spaces and is a really pleasant space to eat.  All of the bedrooms include kitchen storage and a three-piece bathroom suite. To the rear is a s a private garden space which is covered in gravel and is accessible via wooden steps from the patio doors off the conservatory. The front is similar with a small graveled front space.

INVESTMENT INFORMATION

• Full address: 23 Newark Street, Liverpool L43RP
• Asking price: £310,000.00
• 6 Bedroom HMO property
• HMO license in place
• Working professionals in situ
• Tenure: Freehold
• Service charge: N/A
• Ground rent: N/A
• Current rental income: £3,605.00pcm (£43,260.00 per annum)
• Gross yield: 14.0%
• Current outgoing costs per month:
• Council tax - £134.00
• Utilities: £500.00pcm
• Cleaning: £45.00pcm
• Water: £70.00pcm
• Internet: £50.00pcm
• Management fees: 10%
• Total: £1,159.50pcm (£13,914 per annum)
• Net yield: 9.5%
• Bedrooms: 6
• Bathrooms: 6
• Comes with the current furniture
• Parking: On Street

Video - 23 Newark Street