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2 bed Flat For Sale £80,000
Linnet House, Ullet Road, Liverpool, Merseyside L8


Description
Cash only - buy to let investment - This wonderful two-bedroom ground floor apartment comprises of an entrance hallway leading to a spacious lounge with large windows overlooking the communal gardens; a fully fitted kitchen with all appliances included; a large double bedroom with two generously sized windows; a three piece family bathroom with a shower over the bath and a second bedroom with window to the front. The apartment has a grand entrance to the grounds, with communal gardens and ample parking spaces.

Linnet House has some fantastic attractions right on its doorstep, such as Princess Park and Sefton Park. This property is also only a 20 minute walk away from Edge Hill train station and from there it is just a 15 minute journey into Liverpool city centre, making it extremely easy for residents to access all that the city centre has to offer. Liverpool is home to countless restaurants, bars and retail outlets including the Liverpool one shopping centre, in addition to world famous cultural sites such as the Albert Dock and the incredible cathedrals.

Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for more high-quality housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer. The number of students flocking to this area is also great news for investors, as over 70% of students in Liverpool need to look for private accommodation. This has led to a situation where there are excellent yields for investors to be had, making this an investment opportunity not to be missed!

Financial Breakdown

Gross rent: £5,580
Ground rent: £200
Service charge: £1,727
Lettings fees: £0
Net income: £3,653
Gross yield: 7.25%
Net yield: 4.74%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-15686

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