Available: 01/10/2024
For Sale: 1-Bed Ground Floor Flat on Lilley Road, L7 – High-Yield Investment Opportunity
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. The property includes off-street parking, and is located in a popular rental area with strong demand.
Why Invest in This Property?
Current Rent: £600 pcm, providing a solid 8% yield at the asking price of £90,000.
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.
Location: Conveniently situated close to transport links, universities, and local amenities, making it attractive to professionals and students alike.
Investment Highlights:
Price: £90,000
Current Annual Rent: £7,200 with potential for £8,160
Yield: Currently 8%, rising to 9% with rent adjustment
Flexible 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.
Whether you're a seasoned investor or looking for your first property, this is a great chance to secure a high-yield, low-maintenance investment in a thriving area.
Don’t miss out—contact us today to learn more or schedule a viewing!
Council Tax Band: A (Liverpool City Council)
Tenure: Leasehold (981 years)
Ground Rent: £0 per year
Service Charge: £1,200 per year (reviewed every 1 years)
Reference: RS0064
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Fantastic 1-bed ground floor flat on Lilley Road, L7. Currently rented for £600 pcm with an 8% yield, potential to increase to 9%. Tenant on a rolling contract. Off-street parking and close to amenities. A prime investment opportunity with updated photos and floor plans coming soon!
Arrange a Viewing
To arrange a viewing for this property, please call us on 0151 735 0275, or complete the form below: