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Hawthorne Road, Bootle, Bootle, L20


Price £240,000

SSTC
6
5

Overview

6 Bedroom End of Terrace House for sale in Hawthorne Road, Bootle, Bootle, L20

Large end terraced Block of 5 x separate Apartments - All let - £21,000 current Rental income. (Potential rental income = £27,000 p.a. @ £450 p.m. per flat = 11.2% Gross yield.)
5 x Self - Contained Flats
4 X 1 Beds & 1 x 1/2 bed
3 x Storey End of Terraced
Rear Yard, Communal Hall / Stairs

INVESTMENT OPPORTUNITY - FULLY LET INVESTMENT BLOCK OF 5 X SEPARATE FLATS.

10, HAWTHORNE RD - has its own separate entrance with 1/2 bedrooms.
10, HAWTHORNE RD - HAs 5 x flats and communal stairs.
All five flats are completely self contained, separate meters etc.

All apartments with lounges, separate kitchens, bathrooms, bedrooms.

Long Leasehold - Residue 999 years.

Ground Rent - £1.79 per annum

Electric heating

(Also conforms to special licence - regs)

Could be split into 5 x Leases.

Current Gross Rental Income = All Ast’s -
£21,000 p.a. current - 8.75% Yield.
(Potential rental income = £27,000 p.a. @ £450 p.m. per flat = 11.2...

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Important Information

  • This is a Leasehold property.

Key Info

  • Large end terraced Block of 5 x separate Apartments
  • 5 x completely Self - Contained Flats
  • 4 X 1 Beds & 1 x 1/2 bed
  • 3 x Storey End of Terraced
  • Potential gross yield in excess of 11%
  • Rear Yard, Communal Hall / Stairs.

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