I’ve just been doing my weekly property search, and noticed this modern one bedroom apartment in L1 in the ever popular development, Kings Dock Mill. This property is being marketed at £100,000, which is a very reasonable price compared to similar properties in this area.
The property is situated in Liverpool City Centre, in the heart of the Baltic Triangle. Walk minutes from this development and you will find yourself in the centre of Liverpool One, and just a little further is the Albert Dock! This is a very desirable area for a variety of tenants, and in my experience, this development in particular attracts professionals, students and even small families!
The apartment briefly comprises of a hallway, an open plan lounge/dining area complete with a modern kitchen, and Juliette balcony, one double bedroom and a bathroom. The property is secure and benefits from fob entry and a concierge at the entrance.
This property is currently tenanted to young professionals who is tied in until February, bringing back a rental income of £6,900 per annum. This figure secures an excellent gross yield of 7%! This property truly is a fantastic investment for anybody looking for a low maintenance investment with immediate return and a very high potential for capital growth!
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If you want any information or advice on this property or any other properties, then contact me on firstname.lastname@example.org