Ref ID: 31
Date available: 13-Oct-2021
Furnishing: Not Specified
Property type: Mid Terraced House
7 Year Lease Option
Readymade and Income Producing
5/6 Bedroom Mid Terrace House
Greenwood Lane, Wallasey, CH44 1DN
Rent to Landlord = £800 pcm (Years 1 â-- 3)
Rent to Landlord = £880 pcm (Years 3 â-- 7)
Purchase Price Within 7 Years = £160,000
Finderâ--s Fee = £5,000 + Vat
Potential Gross Income = £2,400 pcm = £28,800 per annum
CASHFLOW AFTER ALL THE ABOVE COSTS
Managed = £922 pcm = £11,064 per annum
Cashflow Over 7 Years = £77,448
Self Managed = £1,210 pcm = £14,520 per annum
Cashflow Over 7 Years = £101,640
For a limited time only, we have managed to secure a 5 bedroom property which is perfectly set up to be turned into a 6 bedrooms HMO within proximity to Wallasey Town Centre.
The rent to landlord is £800 per month for the first three years and increases to £880 per month for years three to seven.
The property is situated in a perfect location close to great transport connections, Town Centre, local shops, and all local amenities.
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