I’ve come across a two bedroom apartment located on the River Mersey that will be available at auction on Thursday 20th July through Allsop Auctions.
The property will go to auction with a guide price of £100,000 which is a fantastic purchase for a two bedroom apartment located in this popular development. Although I’ve not seen this property and there are no internal photos, I have seen a previous advertisement of the property and it looks a nice layout apartment. Click Here to view the previous advert that is available through Zoopla. This property had originally been sold for £187,650 back in 2009 and looking at previous sale prices in the development, then the last two bedroom to be sold went for £155,000 in March 2016. Click Here to view the previous sold prices in the development.
As I wrote recently (Liverpool Flats Out Perform Property Market Average by 21%), City Centre apartments prices have been increasing at a higher rate than most properties so I would feel this would be a great purchase as a short or long term investment. If you wanted to rent this property out, then you would achieve a rental income of around £8,700 and £9,600 dependant on the furniture and decoration.
Click Here to view the property
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