Belvoir are marketing a lovely 3 bedroom town house on The Point, West Derby for £120,000 which is a fantastic price considering it’s such a sought after area. Better still, there is a tenant in situe who would love to stay long term.
The property offers a yield of 6.5% as the current rent is £650 PCM. It’s relatively newly built (2006) so any maintenance costs should be minimal, especially compared to some of the older style properties in the area. Any local agent would tell you this is a popular rental area and I from my own experiences, I agree. I’ve always found similar houses rent very quickly, attract professionals and families and tend to secure long term tenants too.
The full details can be seen here. Viewings can be arranged through the Liverpool Central Sales team by calling 0151 231 1613 (option 1)