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5 bedroom terraced house for sale
Connaught Road, Kensington Fields, Merseyside, L7
£285,000
Connaught Road, Kensington Fields, Merseyside, L7
£285,000
Price History
Initial price | £325,000 |
16/06/23 | £300,000 |
30/05/24 | £285,000 |
Price Change | -12.31% |
Description
This five-bedroom mid-terrace HMO in Kensington Fields, L7, is a lucrative investment opportunity for a buyer. The property is currently rented to five students, with a let arranged for next year, and achieves an 8% yield. The tenants pay £95 per week per person, with the potential to increase to £105 per week per person for five occupants next year. The property features a spacious main hall, bay-fronted downstairs bedroom, communal sitting room and kitchen, rear yard, and five bedrooms across two floors, as well as a shower room and a second shower room. The basement provides potential for further development, making this a highly sought-after property in a popular area for students.