21 Ivanhoe Road, Sefton Park, Liverpool, L17 8XE
Location, Close to Lark Lane and Sefton Park: popular for restaurants + wine bars + speciality shops. Tesco Metro and many other shops are only 0.2m on Aigburth Road; St Michael’s and St Charle’s primary schools are within 0.3m; Liverpool Centre is about 3.5m, and 21 mins by the 82 bus; St Michael’s Station is 0.6m
A three storey building converted into five flats, two to the ground, two to the first and one to the top storey. Rents in £pcm: Flat 1 £450, Flat 2, £429, Flat 3, £467.50, Flat 4, £495, Flat 5 £540
All are one bedroom except for Flat 5 which has 3 beds. Flat 3 has an extra utility or store room on a different landing. See plans and dimensions and photos below
Facilities: full gas central heating to each flat
The auction guide price is £325,000. Total rents of £28,578 p.a. will give a net return of 7.0% after deducting 20% for repairs, management, insurance, letting costs etc. If the property sold for £292,500 the net return would be 7.8%.
Management. For an initial period of one year I am offering a comprehensive management service at 5% of rents received, and a comprehenisve letting and vetting service (adverts on all major websites) for £300 + vat.
Flat 1 below
Flat 2 below
Flat 3 below
Flat 4 below
Flat 5 below