24 Aug

Bingley Road, L4 2TB – Two Bedroom House With Tenant in Situ – 7% Yield!

I have stumbled across this immaculate three bedroom house, located in the popular L4 area. This property is located just off Priory Road, and minutes away from Breck Road where you will find local amenities including supermarkets, restaurants and bars.

The property is on the market for £87,500, which is an excellent price considering the size, location and current condition of the property.

This property is offered for sale only for investors, with a long standing tenant in situ who has maintained and decorated the property to a very high standard. It has a bright lounge, through diner and a nice clean kitchen, 3 large bedrooms and a shower room.

 

It is currently let to a lovely and reliable tenant who is paying £5,940 per annum. This is bringing back a gross yield of 7% based on an offer of asking price, which is an excellent return for a property in Anfield.

Although there is a tenant in situ who intends on staying long term, should she ever move out I do

 not feel this property would ever be empty for long! I would expect this property to attract families due to the ease of the local amenities nearby, the generously proportioned living space and the high volume of nearby schools, or it could even be used for Air B&B due to its close proximity to Anfield Stadium!

Click Here to see sold prices in the area

Click Here to view the property

 

If you would like any further advice on this property, development or any other properties, then please do not hesitate to contact me on adamr@liverpoolpropertyblog.com