Ideal Investment Sold with a tenant in situ (Sold) (Lot #111773)

Bedrooms 1
Address Flat 1, 97 South Road, Waterloo, Liverpool, Merseyside, L22 0LR
Guide price 51500
Estimated gross yield 0%

ATTENTION INVESTORS! Set in a popular residential area of Waterloo, on the bustling South Road, is this well presented one bedroom flat, an ideal opportunity for investors.

The flat offers open plan living, walk-through archway to kitchen, bathroom and Loft-space mezzanine sleeping area. The flat also benefits from double glazing and gas central heating. Permit parking is available.

The property is situated in Waterloo town centre, full of shops, pubs, cafes and salons and Liverpool City Centre a 15 minute journey away. There are an abundance of great schools in the area and transport links with access to the city centre, Warrington and Manchester, ideal for the daily commute. The beautiful Crosby Coastal Park is nearby, as well as other green spaces, perfect for all leisure activities.

The property is currently being sold subject to an assured shorthold tenant paying £425pcm (£5100pa). This gives the property a gross yield of 9.9% based on an offer of asking price.

We are advised that the tenancy is in place until February 2021.

We are advised the lease has 109 years remaining
No Ground Rent
Service Charge approximately £195per annum

Local schools

Add your property