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