Stanly Park Residence, Liverpool
Conversion of 5 bed detached property to 6 bed multi let and a one bed apartment
Location
Situated near Stanly Park area of Liverpool is this 5 bedroom extended end terraced house. The site is located 4 km from Liverpool city center at the northern end of the Stanley Park and Garden, just 10 minute’s walk to the Anfield Stadium, the home arena for Liverpool FC. Nearby Walton Village provide shops, cafés, leisure and other local amenities.
Property description (present)
- Victorian double fronted detached house
- 5 Bedrooms
- 3 Reception Rooms
- 2 Floor detached coach house
- The present living space is 190 sqm
- Potential roof conversion into approx. 40 sqm extra living space
- Potential Coach house conversion, approx. 50 sqm in two floors.
Project description and vision
Conversion into a fully licensed 6-bed, all en-suite, co-living plus 1 self contained flat.
- Purchase price: £147.500
- Refurb: £125.000
- Potential to refinance against its commercial valuation to pull out initial capital.
- GDV of £300.000
- Potential gross income: £56.000 pa
- Cashflow forecast: £2.200 pcm
Investment opportunity
- Short term loan: 12 months from investor to refurb.
- Capital required: £100.000.
- Interest: 6%.
- Collateral: First charge.
- Refinance within 12-18 months
Connectivity
To Liverpool city center 20 min (Bus)
Liverpool – London 1h 4 min (Train)
Developer: GYLLENDAL Ltd