Latest Valuation
£180,000
ROCE
%
Location
Bootle

BMV Block of Flats with a Potential Yield of 12.8%

Opportunity to buy a block of flats in a popular rental area of Bootle, likely to benefit from the proposed regeneration scheme.
Guide Price
£160,000

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Key Features

  • Self-contained flats
  • High yield: 12.8%
  • Close to local amenities and transport

The Property

Sourced are thrilled to present this BMV block of flats, located in Bootle with a potential yield of 12.8%

5 x 1 bedroom flats for sale (4 x 1 bedroom flats/1 studio). Overall good condition, however, in need of some modernisation (paint and re carpet) 3 x flats are currently rented and 2 are vacant.

Planning Information

N/A

The Plan

5 x 1 bedroom flats for sale (4 x 1 bedroom flats/1 studio). Overall good condition, however, in need of some modernisation (paint and re carpet) 3 x flats are currently rented and 2 are vacant.

The Financials:

Purchase price: £160,000
Current value: £180,000
Refurb cost: £20,000
Rental income: £20,520 pa
Sourcing fee: £4,000
Potential yield: 12.8%
Fully let potential rent: £1,710 pcm

The Location

Within walking distance to main shopping centre (Bootle, New Strand) and Bootle, New Strand Train Station(Liverpool City Centre 10 minutes).

Average estimated value for a house in L20 6AF

£

Opportunity to buy a block of flats in a popular rental area of Bootle, likely to benefit from the Liverpool Waters £4 billion proposed regeneration scheme.

Within walking distance to main shopping centre (Bootle, New Strand) and Bootle, New Strand Train Station(Liverpool City Centre 10 minutes).

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