3 Jan

Good Investment Properties Currently Available

I’ve not posted any properties that I feel would make good investments over the Christmas Period, so as we are in January, then I thought I would show my top 6 investment properties (in no particular order)

Balmoral Court, Tuebrook, Liverpool, L13 – Offers over £35,000

This two bedroom spacious apartment looks in decent condition and would be ready to rent out with a little work on it. Balmoral Court is tucked away in Tuebrook and makes it a quiet development and popular with more mature tenants. The rental income would be between £5,100 and £5,400 giving this property a potential gross yield of 15.4% (service charge would be payable). Click Here To View Balmoral Court

Tollerton Road, West Derby Liverpool, L12 – £80,000

This three bedroom end terrace house is in need of a full refurbishment as it looks as though someone has prepared it to be done. I like this house as it’s got potential to be great family home with its location and great size garden but the price may be a little high as the works on the property could easily escalate up to £35,000. I feel a property done to a good standard would achieve a sale price of between £120,000 and £125,000 and the rental income would be between £7,500 and £7,800. Click Here To View Tollerton Road

Henry Street, Liverpool, L1 – £87,500

This one bedroom apartment looks in good condition and would be ready to rent out immediately. Henry Street is located just off Duke Street and is a stone throw away from the bars, restaurants, shops and business district making it very popular with tenants. The rental income would be between £7,200 and £7,800 giving this property a potential gross yield of 8.9% (service charge and ground rent would be payable). Click Here To View Henry Street

The Reach, Leeds Street, Liverpool, L3 – £99,950

This two bedroom apartment sounds as through it is already rented out, so although inspection would be advisable, there should be little work needed to be done as you would inherit the tenant that is already living in the property. I really like The Reach development as this proves very popular with tenants due to the apartment sizes and location but prices can vary dependent on the location of the property on the development. Due to this price, then I would take a educated guess that it overlooks the car park at the rear and would not come with parking. The rental income would be between £7,800 and £8,100 giving this property a potential gross yield of 8.1% (service charge and ground rent would be payable). Click Here To View The Reach 

Brigadier Drive, West Derby, Liverpool, L12 – £85,000

This two bedroom apartment on the very popular Point development in West Derby is already rented out on a long term lease to a corporate tenant for £6,600 per annum. Corporate tenants have many advantages as they are less likely to cause wear and tear (as they may only stay in the property for a few days per week), there is hardly ever any issues with the rent and they are more likely to ensure the property is left in an identical condition, once the tenant has vacated. This property a potential gross yield of 7.8% (service charge and ground rent would be payable). Click Here To View Brigadier Drive

Forfar Road, Tuebrook, Liverpool, L13 – £67,995 (offers in excess of)

This two bedroom house in Tuebrook is currently occupied by an owner occupier and they have refurbished the property to a fantastic standard and would be let out immediately. Tuebrook is a popular area for investors as you can achieve high yields with housing benefit tenants. This property would achieve a rental income of between £5,700 and £6,120 giving this property a potential gross yield of 9%. Click Here To View Forfar Road 

As always, I’m here to help and if you spot any other properties that you feel would make a good investment and would like my honest opinion on them, then email me a rightmove or zoopla link to adamr@liverpoolpropertyblog.com