Currently tenanted on an A.S.T. - Gross yield 7.6%
Ideal investment opportunity
A well-presented ground floor apartment which is currently tenanted on an Assured Shorthold tenancy Agreement, producing a monthly income of £575 pcm, giving a gross annual yield of 7.6%. The accommodation comprises an entrance hall, a spacious open plan lounge/diner/kitchen, two double bedrooms (one of which has a built-in wardrobe) and a bathroom with a white suite. UPVC double glazing and electric panel heaters are installed. Laminate flooring throughout and vinyl flooring in the bathroom. Outside, there is a communal car park with an allocated parking space. An ideal buy-to-let investment.
Gross yield of 7.6%. Two bedroom ground floor flat, allocated parking
Gilmartin Grove is located just off Walker Street, on the Eastern side of the city. Only a short walk from the Royal Liverpool University Hospital, the University of Liverpool, LSTM and the Dental Hospital, this location is ideal for easy walking distance to these venues.
Entrance Hall - Having laminate flooring, entryphone, electric panel heater, built in storage cupboard and built-in cupboard housing the hot water cylinder.
Lounge/Diner - (16' 10'' x 13' 8'' (5.13m x 4.16m)) - Having laminate flooring, two UPVC double glazed windows to the front elevation, two electric panel heaters and being open plan with the kitchen.
Kitchen - (9' 10'' x 6' 1'' (2.99m x 1.85m)) - Fitted with a range of base and wall units and working surfaces, breakfast bar, single drainer stainless steel sink, four ring electric hob, built-in oven and extractor hood over, plumbing for washing machine, tiled splash backs, UPVC double glazed window to side.
Bathroom - (6' 10'' x 6' 3'' (2.08m x 1.90m)) - Fitted with a white suite comprising a panelled bath with shower over, glass splash screen, vanity shelf with fitted mirror, wash basin and low level w.c., part-tiled walls, heated towel rail.
Bedroom 1 - (12' 7'' plus door recess x 8' 6'' (3.83m x 2.59m)) - UPVC double glazed window to front, electric panel heater, laminate flooring.
Bedroom 2 - (12' 6'' x 7' 5'' (3.81m x 2.26m)) - UPVC double glazed window to front, laminate flooring, electric panel heater.
Stamp Duty Calculator
You will pay
• If you're a first-time-buyer in England, Wales or Northern Ireland, you will pay no Stamp Duty on properties worth up to £300,000 • This calculation assumes that the purchase of the property will NOT result in owning two or more properties.
The total mortgage is £80,950. The LTV (loan to value) of this mortgage is 90%. Contact your local branch if you have any Mortgage enquiries.
Interested in any of the above properties? Call us on 0151 625 8844