13 Nov

Bold Street, Liverpool, L1 – Current 7% Gross Yield

I’ve noticed a one bedroom apartment in the heart of one of Liverpool’s best roads. The road offers lots of independent shops and restaurants and is very popular with people in Liverpool.

Although I’ve not been in this specific apartment, I’ve been in other apartments in this building and the quality of them is good. This apartment is located on the top floor and benefits from views of the Anglican Cathedral.

This property is currently achieving a rental income of £6,790 per annum on a standard tenancy agreement, but I feel that more could be achieved if you rented this property out as a holiday let on AirBnB as the property could sleep 4 + people if the correct furniture was installed.

The property is currently on the market for £97,000 with Liverpool City Rentals and has been on the market since July 2017 so I would consider putting an offer closer towards £90,000 to see if you could pick yourself up a good investment property. Click Here to view the property

If you would like any further information regarding this property or any other properties that you may be interested in, then send me further info to adamr@liverpoolpropertyblog.com and I can give you my thoughts on them.

11 Nov

21 Cumberland Street – One Bedroom Apartment – 7.5% Yield!!

I’ve just spotted this one bedroom apartment in L1 which has recently been reduced.

The property is an apartment in Liverpool City Centre which briefly comprises of a hallway, lounge/dining area, a modern kitchen, one large bedroom and a bathroom. The property benefits from secure video intercom door entry system, lift and stairs access to all floors, double glazing throughout, a Juliette balcony, and secure allocated parking! What else do you need?

The property states it has been reduced for a limited time only to an asking price of over £100,000. The property looks in a good condition and is currently tenanted on a 12 month tenancy from 20th July 2017

The property is currently achieving a rental income of £625 per calendar month, securing this property a fantastic 7.5% gross yield based on an offer of asking price!

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

31 Oct

St. Anne’s Court, L3 3JP – One Bedroom Apartment – 11% Gross Yield!

I have just been scrolling through Rightmove and noticed this one bedroom apartment in St. Anne’s Court. Although I have not had dealings with this development myself, I can imagine it to prove popular with tenants due to its location which is very close to Liverpool City Centre.

The property appears to be spacious, and briefly comprises lounge, kitchen, bedroom, storage cupboard, bathroom. The property has double glazing throughout and benefits from residential parking.

I feel the property could achieve approximately £500 pcm, giving this property a fantastic 11% gross yield based on an offer of asking price! I would expect this property to attract young professionals, young couples or students due to its close proximity to the City Centre, and well-proportioned rooms.

This is currently the only property in the development on the market, however looking back at past sold prices, the property appears to of been priced to sell! The past two properties have sold for £60,000, and then the one before that was a two bedroom which sold for £90,000!

 

Click Here to view the previous sold prices in the development.

 

Click Here to view the property

 

If you more information on this property, please contact me on adamr@liverpoolpropertyblog.com

30 Oct

Tynwald Close, Liverpool, L13 7DS – Potential 9%-10% Gross Yield

 

I’ve had a look through new properties on the market or recently reduced properties to see if I can spot any potential good buys. Although there isn’t too much new stock on the market, I like the look of this property on Tynwald Close, Liverpool, L13 7DS.

The property is a mid terrace three bedroom house that benefits from driveway, kitchen/diner, new shower-room suite, double glazing, central heating and a rear yard. The property is new to the market with an asking price of over £70,000. The property looks in a good condition and would only need some cosmetic work to get it ready to be let out.

If rented out, then I would suggest a rental income of between £550pcm – £565pcm and if the property could be purchased for £70,000 then it would generate a gross yield of between 9% and 10%.

The property is on the market with Springbok, click here to view the property

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