1 bed flat

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1 bed flat

Clock Tower, 8 Newhall, Fazakerley, Liverpool L10
£85,000

Price History

Initial price £90,000
11/09/24 £85,000
Price Change -5.56%

Description

This unique apartment in the Clock Tower building in Fazakerley, Liverpool, is a buy-to-let investment opportunity that generates an excellent return. The property has been finished to a high standard, retaining its original features such as high ceilings and a grand entry staircase. It consists of a spacious open-plan living area, a double bedroom, and a modern bathroom. The location is convenient, with Aintree racecourse, local hospital, parks, schools, and amenities nearby, as well as easy access to Liverpool city centre. The property is currently let and generates a gross rent of £7,200, with a net income of £5,275.45, offering a gross yield of 8.47% and a net yield of 6.21%. This is an excellent investment opportunity in a city that is named one of the UK's best buy-to-let hotspots due to its rapid population growth and strong demand for high-quality housing.