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7 bed flat
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Our Summary
- Description - 15 Devonshire Road presents a rare and excellent investment opportunity in the popular area of Prenton near to Oxton Village
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Description
This is a rare investment opportunity in the popular area of Prenton, near Oxton Village. The property is a Grade II listed Georgian house, divided into 7 self-contained flats, all well-presented and generating a steady, substantial income. The flats are accessed through a communal area with an original staircase and each has modern fittings, fully furnished, and a centralised Wi-Fi internet connection.
The property has a low void rate and offers income growth potential by aligning with market rates. The location is excellent, with nearby Birkenhead Park, a host of green open spaces, and easy access to Liverpool city centre and the wider railway network. The property is freehold, with all flats subject to Assured Short Hold Tenancies, and has a current income of £42,060 per annum, providing a 7% return on investment.