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1 bed flat
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Price History
Our Summary
- For Sale: 1-Bed Ground Floor Flat on Lilley Road, L7 - High-Yield Investment Opportunity - Cash Purchase Only
- Discover 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
- 5% Gross Yield Flexible Tenancy: Long-standing tenant on an AST, no issues with tenancy We will be providing updated professional photos and detailed floor plans in the coming weeks to better showcase the potential of this property
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Description
This is a fantastic investment opportunity for cash buyers, offering a high-yield return of 11.5% gross yield. The property is a spacious 1-bedroom ground floor flat on Lilley Road, L7, with off-street parking and a long-standing tenant on an AST. The current rent is £650 per month, providing a solid income stream for investors.
The property is conveniently located close to transport links, universities, and local amenities, making it attractive to professionals and students alike. With a low service charge of £1,200 per annum and ground rent of £400 per annum, this is a low-maintenance investment opportunity that is sure to provide excellent returns. With a sales price of £55,000, this is a great chance to secure a high-yield investment in a thriving area.