Derby Road,Liverpool, L20
£550,000 ( £126,923 PW) Freehold
Description
Mags Property are delighted to offer this freehold block of 12 apartments (11x studios and 1x1 bed) in Kirkdale, Liverpool for sale. The property is fully tenanted and generating £89,650 per annum, sold with a 16.3% gross yield!
All apartments are fully self-contained and rented out on a bills included and furnished basis with deposits held for all tenancies. There is a communal utility room to the ground floor with a shared yard externally. Additional benefits of the block include an income from an advertising billboard, the roof having extensive remediation over the past 2 years and new render on parts of the exterior walls with a 10 year guarantee.
Derby Road boasts excellent transport links and is just a short distance from Everton Football Club’s new stadium at Bramley-Moore Dock, adding to the area’s appeal. With ongoing regeneration and proximity to the city center, Derby Road offers a range of amenities, including shops, dining options, and leisure facilities. Its vibrant community and strategic location make it an attractive spot for both tenants and investors.
Contact Mags Property for more details and to view!
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Key features
Contact us
- Phone: 0151 452 0151
- Email: hello@magsproperty.co.uk
Information
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer... of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
