Property description
Sutton Kersh are pleased to offer for sale this substantial Georgian mid terraced property situated on the fringe of Liverpool's vibrant Georgian Quarter within walking distance of the Universities and Liverpool city centre. The property is currently arranged into 6 self contained flats and would make an ideal investment opportunity currently producing £35,772 per annum, a yield of 8.2%. The flats comprise of 3 one bedroom apartments, two studio apartments and one two bedroomed apartment. The property benefits from central heating, Georgian windows and a good sized rear town garden. An early inspection is recommended to avoid disappointment.
GROUND FLOOR
Door to:
COMMUNAL HALL
Stairs to upper floors.
FLAT A
This is a one bedroomed duplex apartment situated on the ground floor and lower ground floor comprising entrance hall, kitchen area and living room to ground floor. To the lower ground floor is a bathroom and bedroom. Energy Rating E.
FLAT B
A two bedroomed apartment situated on the ground floor and lower ground floor comprising hallway, living room and kitchen area to the ground floor. To the lower ground floor are two bedrooms and bathroom/WC. Energy Rating F
HALF LANDING
There is a generous sized store room with window.
FIRST FLOOR
FLAT C
A studio apartment situated on the first floor comprising hallway, bathroom/WC, living room/bedroom and kitchen. Energy Rating E
FLAT D
First floor and second floor one bedroomed duplex apartment comprising hallway, kitchen area and living room to the first floor. To the second floor is a bedroom and WC. Energy Rating E.
HALF LANDING
Spacious store room with window.
THIRD FLOOR
FLAT E
Studio apartment comprising hallway, living room/bedroom, kitchen and bathroom/WC. Energy Rating E.
FOURTH FLOOR/TOP FLOOR
FLAT F
One bedroomed apartment comprising hallway, living room/dining room, kitchen area, bedroom and bathroom/WC. Energy Rating E.
OUTSIDE
There is a good sized rear town garden with potential for parking arrangements.
RENTAL INCOME
FLAT A
£5460 per annum.
FLAT B
£8832 per annum.
FLAT C
£4944 per annum.
FLAT D
£5616 per annum.
FLAT E
£4944 per annum.
FLAT F
£5976 per annum.
TOTAL ANNUAL RENTAL INCOME
The current total annual rental income is £35,772. Please be advised that the property is fully let for the period between 01.07.15 and 30.06.16 producing £35,616 per annum.
YIELD
8.2%
VALUERS NOTE
The flats are currently let by way of assured shorthold tenancy agreement which are available for your review upon request.
Property Features :
- A Substantial Georgian Mid Terrace
- Excellent Investment Opportunity
- Comprising of 6 Self Contained Flats
- Close to Universities and City Centre
- Annual Rental Income of £35,772