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4 bedroom semi-detached house for sale
Mercer Avenue, Liverpool, Merseyside, L32
£165,000
Mercer Avenue, Liverpool, Merseyside, L32
£165,000
Our Summary
- 0%+ (with rental uplift to market rates) Property Overview Welcome to 66 Mercer Avenue, a spacious four-bedroom semi-detached home situated in the highly sought-after Westvale area of Kirkby
- Investor Summary Freehold ownership - no hidden fees or lease costs Proven rental history with potential to increase yield Low maintenance investment in good condition Located in a growth area with excellent regeneration prospects Ideal for buy-to-let investors seeking strong long-term returns Let Pure Lettings Take The Strain
Description
This semi-detached home in Kirkby, Liverpool, is a great investment opportunity for buy-to-let landlords. The property has been let since November 2021 at £650 per month, generating a current rental yield of 4.7%. With a modest refresh and rent review, the property could command an additional £300-£350 per month, significantly improving the yield and return on investment. The property is in good condition, has a long-term stable tenancy, and is freehold, with no ground rent or service charge. The area is experiencing strong growth, with local rental demand increasing by over 20% in recent years, driven by employment growth and regeneration schemes. The property is ideal for investors seeking strong long-term returns and is fully managed by Pure Lettings, offering a comprehensive lettings and property management service.