BRIEF OVERVIEW
This property is to be renovated and used as a 2 bedroom family home.
The property will consist of 2 bedrooms, 1 bathroom, kitchen, and living area and will be renovated to Mistoria’s high specification.
MISTORIA GROUP MISTORIA 5* SPECIFICATION
All properties are renovated to a 5* specification through our group company Mistoria Renovations. The benefits include:
– In-house team of highly experienced and qualified construction professionals and tradesmen.
– All work is fully guaranteed, certified and quality assured.
– Highest quality materials at competitive prices guarantees all projects are completed to the highest specifications, to budget and on time.
– A professional finish will differentiate your investment from the rest, in addition to significantly increasing the base value of your property.
* Residential properties are unfurnished. Should you require furnishing, Face Finishing (part of the Mistoria Group) will be more than happy to assist.
ASSET FINANCIAL INFORMATION
PURCHASE PRICE | £75,000 |
Paid on legal completion. | |
END VALUE BASED ON BUY-TO LET | £90,000* |
*Independent RICS valuation | |
GROSS RENTAL INCOME | £7,200 |
£600 X 12 months | |
NET RENTAL INCOME: | |
If not fully let within two months of completion, Mistoria will give a £500 a month guaranteed gross rent until the property is rented. |
LOCATION INFORMATION
This property is located in Liverpool and the address is situated close to Liverpool’s three universities.
This area is well known for students as bars, cafes, restaurants and shopping outlets are all within close proximity.
There are many bus routes along the main roads and 2 nearby train stations providing easy access for almost anyone.