On 1st June, Keppie Massie listed this studio apartment in Regency Champers, Liverpool 2 for £78,000 and so far, it’s still available.. I’d definitely recommend an early inspection as this would not only make a great investment, it’s affordable for first time buyers too!
The apartment looks to be in pretty good condition and is quite quirky with it’s high ceilings and original beams. I have sold and let similar style properties on Sir Thomas Street and these features are very attractive to tenants – not everyone wants a sparkly new build! As the agent states, the location is fantastic as it’s in the middle of the business quarter and John Moors University which means you have both the professional and student market.
With a potential income of £6,900 per annum, there’s a gross yield of 8.8% on offer here but I’m sure an experienced investor would negotiate the price and make an even better return.