About this investment

Liverpool, L4 – 6.3% Yield

The Client Brief

A new client was looking for a property in Liverpool, the brief was simple, a house required in a high rental demand area with a solid yield.

We selected this 3 Bed, recently refurbished, spacious mid-terraced house.

The accommodation comprises an entrance hallway, living room, dining room and modern kitchen.

Upstairs are 2 large double bedrooms, a 3^rd bedroom with potential to be a nursery or home office and a 3-piece bathroom suite. 2-Bedroom mid-terrace house with excellent transport links into Liverpool, situated in a sought after postcode.

One of the bedrooms boasts a connected study room. The property was purchased in a state of disrepair but fully refurbished to a high standard by Property Fit. The lounge area opens up into a fairly sized dining area, with neutral decorating throughout.

The Timescales

The Property took a total of 23 weeks to complete and is let and managed by our sister company @ThePlace.

The Numbers

Maintenance Required

Supply and install new patio door
Remove kitchen and set aside for refitting
Hack off plaster in kitchen and lounge and install new injected damp course
Replaster and refit existing kitchen
Repaint kitchen and Lounge
Install additional insulation in attic space
Remove existing window and install fire escape window to bedroom
Full clean of property
Install new smoke alarms and carbon monoxide detector
Gas safety certificate
EICR

Success Story in Numbers

Purchase Price: £126,500
Refurb Costs: £15,900
Monthly Rental: £750
ROI: 5.3%