Block of 6 Flats in Liverpool (All Tenanted)

Location: Liverpool

Available To You For: £340,000 (including the freehold)

BMV Investment Details

Type Beds Purchase Price Tenanted Completion Monthly Rental (fully tenanted)
Freehold block of flats 2 £340,000 Completed £2480

About this Investment

A brand new conversion consisting of 2 two bed flats and 4 one bed flats.

All units are completed and ready tenanted.

The 6 flats are currently let on AST with an annual rent of £29,760. The building will come with the freehold.

Option to develop a 7th unit

The 7th unit for which the plans have already been approved has not yet been converted and can be done as part of your investment or left as it is a completely separate part of the building. If you do finish the conversion an additional £5,280pa of rent is achievable.

The rents are:

1 bed : £395 pcm

2 bed : £475 pcm

This is right in the middle of the Anfield regeneration area, Liverpool city council as well as the housing corporation and Liverpool football club are redeveloping the entire area to include hotels, shopping centres and apartments. The football club rather than build a new stadium have decided to redevelop the area around the existing one and turn it into a ?Chelsea Village? style project.

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