The home of the Beatles, Liverpool FC and Everton, the 2008 capital of culture and the Liver building, Liverpool is one of the most exciting cities to live in, not just in the UK, but in the world right now.
Property markets around the city are, for that reason, absolutely exploding with activity with many people looking to move into the city or the wider region.
Nightlife, sport, the local economy, links to other parts of the north west and excellent investment opportunities are just some of the reasons why many landlords are looking towards the city either for their first opportunity, or to expand their portfolio.
With property prices and yields rising across the city area, there are tons of reasons for you to consider investing, but none more than the fact we have properties that are already tenanted and ready to earn an income, so here’s an example of two.
Liverpool residential investment property
Norfolk House, Simpson Street
A studio apartment located in an exceptional central location, it also features a gym, a stunning view and a balcony.
As we’ve mentioned within our description, ‘The L1 postcode, in which this property is located, is currently ranking as one of the top 10 places in the country for landlords to earn the highest rental yields, making Liverpool an ideal location’
With a growing student and young professional population, the demand for student apartments of this nature is growing amidst a real lack of supply, however, this apartment already has tenants in place, meaning that you won’t have to advertise for new tenants.
The cost of the property is £69,000 which is low compared to other residential investment properties, but with a gross rental income of £7,620, a gross yield of 11.04% and a NET yield of 7.13%, this property offers an extremely strong return on your investment.
If you want to get more details, get in touch today.
Bridgewater Street, Liverpool
Bridgewater street is an example of a tenanted apartment that is in a superb area of the city, centrally located near bars and restaurants and within walking distance of the local universities.
Not only that, but the entry price for this studio apartment investment property is just £54,000 which will also generate an immediate income.
For a low entry price, Bridgewater street will bring in annual net yields of a massive 7.40%, or £4,141.
Properties of this nature in a city centre, with an onsite gym, close to transport links and within a sought-after district allow investors to be confident that they’ll appreciate in value in the medium and long term, offering inflation-rivalling incomes and price growth.
If you’re interested in a Liverpool residential investment property like this, just get in touch today! Alternatively, to find out more about all of the latest activity in the property market, take a look at our latest news article here.
