9 Nov

Victoria Street, Liverpool, Merseyside, L1 6BD – Potential 8.8% – 9.2% yield!

bedroom internal kitchen

 

 

 

 

 

 

 

 

 

Internal photographs of Victoria Street, one bedroom apartment.

Liverpool’s rental sector is notorious for it’s fantastic rental yield’s. This one bedroom apartment located in the heart of the City Centre is a prime example of a fantastic opportunity for a buy to let investor. The property does not come with parking, but with its location being in the centre of all three main train stations including Moorfields, Liverpool Central, and Liverpool Lime Street Station and other local transport links a short walking distance away, parking is not needed!

One bedroom apartments in the building achieve a monthly rent between £550.00 per calendar month and £575.00 per calendar month, that is an annual gross income of £6600.00 – £6900.00, offering an annual gross yield of 8.8% – 9.2%. The property came to the market on the 28th October 2016. Currently on the market for offers in excess of £75,000, this one bedroom apartment is in a sought after location and always proves a very popular area for professional tenants and students wanting to work/ study and live in the heart of Liverpool.

I’ve not been in this apartment but looking at the photos online, it looks like it has great layout and this Victoria Street development offers spacious apartments with a good size bedroom, and it located just a stone throw away from local amenities and shops, bars and restaurants.

One bedroom apartments in this development have ranged in price since they where built in 2000 and sold then between £60,000 – £70,000. over the last 12 month’s they vary in price from £89,950 to £110,000, I feel purchasing this well presented property within a great location would be an excellent purchase.

If you are interested in the property, then I have a good relationship with these agents and I can assist with the purchase of this property. Contact me on adamr@liverpoolpropertyblog.com if you need my help

Click Here to view the property

Click Here to view previous sold prices in the development

The property is currently one of two one bedroom apartments available in the building. The other one bedroom apartment that is available in Victoria Street Development is current on the market for £89,950.