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1 bedroom apartment for sale
Apartment , Lilley Road, Liverpool
£80,000
Apartment , Lilley Road, Liverpool
£80,000
Our Summary
- For Sale: 1-Bed Ground Floor Flat on Lilley Road, L7 - High-Yield Investment OpportunityDiscover a fantastic investment opportunity with this spacious 1-bedroom ground floor flat on Lilley Road, L7, offering both comfort and convenience for tenants, and excellent rental returns for investors
- Rental Potential: With scope to increase rent to £680 pcm, the yield could rise to 9%, pushing annual rental income closer to £8,160 PA ( £680pcm)Tenant: On a rolling contract, giving you flexibility to adjust terms as needed
- Investment Highlights:Price: £90,000Current Annual Rent: £7,200 with potential for £8,160Yield: Currently 8%, rising to 9% with rent adjustmentFlexible Tenancy: Long-standing tenant on a rolling contract, offering immediate income
- We will be providing updated professional photos and detailed floor plans in the coming weeks to better showcase the potential of this property
Description
This 1-bedroom ground floor flat on Lilley Road, L7, is a fantastic investment opportunity offering a high-yield return. The property has a current rent of £600 per month, providing an 8% yield at the asking price of £90,000, with potential to increase the rent to £680 per month, pushing the yield to 9%. The flat is located in a popular rental area with strong demand, close to transport links, universities, and local amenities, making it attractive to professionals and students alike. The property also comes with off-street parking and a long-standing tenant on a rolling contract, offering immediate income and flexibility to adjust terms as needed. With a current annual rent of £7,200 and potential for £8,160, this investment has the potential to provide a solid income stream.