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!
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