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39 Lilley Road, Liverpool L7 1 bed apartment for sale
Apartment , Lilley Road, Liverpool
£70,000
Apartment , Lilley Road, Liverpool
£70,000
Price History
Initial price | £80,000 |
06/02/25 | £70,000 |
Price Change | -12.50% |
Description
This 1-bedroom ground floor flat on Lilley Road, L7, is a fantastic investment opportunity offering a high-yield return. With a current rent of £600 per month, the property provides an 8% yield at the asking price of £90,000, and with scope to increase the rent to £680 per month, the yield could rise to 9%. The property is conveniently located close to transport links, universities, and local amenities, making it attractive to professionals and students alike. The current tenant is on a rolling contract, offering flexibility to adjust terms as needed. With a low maintenance cost of £1,200 per year, this investment is perfect for those looking for a hassle-free and profitable property. Whether you're a seasoned investor or new to the market, this property offers a great chance to secure a high-yield investment in a thriving area.