10 Jan

1 Bedroom Apartment – Princess Gardens, Liverpool, L3 6AA – Tenant in Situ with 7% Gross Yield!

I have just been scrolling through Rightmove looking for some good deals, and noticed there is a big shortage of properties in the City Centre at the moment, however this apartment in Princess Gardens has caught my eye!

The property is a modern one bedroom apartment with a tenant in situ. It is currently being marketed at £98,750, which is an excellent price compared to similar properties in this area.

This development lies in the heart of the business district of Liverpool City Centre; however, is set slightly back so to stay away from all of the hustle and bustle of the busy road it sits on, Pall Mall. Due to this fantastic location, generous room sizes, and great condition, this property will attract young professionals and I would expect it to let out very quickly!

The apartment briefly comprises of a hallway, an open plan lounge/dining area complete with a fully fitted kitchen, one double bedroom and a bathroom. The property is secure and benefits from fob intercom entry, and secure allocated parking.

This property is currently tenanted until 06/08/18, securing an impressive 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!

Click here to view the property.

If you want any information or advice on this property or any other properties, then contact me on adamr@liverpoolpropertyblog.com