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5 bedroom terraced house for sale
Earle Road, Liverpool, Merseyside, L7
£265,000
Earle Road, Liverpool, Merseyside, L7
£265,000
Our Summary
- However, there is clear scope for growth in rents, with the property being advertised for £31,250 per annum for the 26/27 Academic Year, being managed by a reputable local agent
Description
This 5-bedroom, 3-bathroom student HMO property on Earle Road in Liverpool is currently let to a group of 5 students for £28,635 per annum, generating a 10.8% gross yield. However, there is potential for rent growth, with the property being advertised for £31,250 per annum for the upcoming academic year. The property has been consistently let to students for over 7 years, with high demand expected to continue due to its popular location near Smithdown Road and the University of Liverpool campus. The rent includes bills, and the property is managed by a reputable local agent. With a long history of successful letting, this property presents a lucrative investment opportunity for student investors.