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House For Sale £184,950
Victoria Road, Liverpool L13


Description
7 Bed HMO Development Opportunity In Tuebrook. Massive £36,000 Rental Yield Per Annum After Conversion.
Only available to purchasers who are either cash buyers or using development finance.
Once the property has been converted you can re-finance onto a commercial HMO mortgage at 75% of the RICS value of £250,000.
RICS valuation has already been carried out. The property will be worth £250,000 after HMO conversion (copy available)
Suitable for use as a 7 bed HMO with 7 en-suite bathrooms.
HMO conversion and basic refurb will cost approx £15,000.
All works fully HMO compliant.
Ensuite bathrooms are £2500 each. Max of 7, Other refurb work can be carried out by our in house builders as per your requirements, We can apply for and hold your HMO licence.
1st For Rental Homes can carry out all required works for you and offer rental management services.
Tenure is Freehold.

Follow the link for more information: 
        
zoopla.co.uk
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