Great Homer Street, Liverpool L5 1 bed flat for sale

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Great Homer Street, Liverpool L5 1 bed flat for sale

Great Homer Street, Liverpool L5
£152,000

Price History

Initial price £170,000
01/02/25 £167,000
07/02/25 £155,000
14/02/25 £152,000
Price Change -10.59%

Description

This 1-bedroom flat in Liverpool is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, ensuite, and kitchen. Currently, it generates an annual gross income of £9,600, but with long-term tenants already in place, the new owner could increase this to a market rate of £13,800. The tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out, making for a stable and rewarding rental return. With a competitive purchase price, this property offers a worthwhile addition to an investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.