Terraced house for sale in Penny Lane, Liverpool, Merseyside L18
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Property features
- Fantastic investment opportunity
- Mixed used property
- Already let retail premises
- Separate five bedroom HMO
- Ideal for short term lets
- Impressive anticipated returns
- Excellent location
- Freehold
- Close to amenities and attractions
- Don't miss out and enquire today
Property description
Penny Lane, Liverpool, Merseyside, L18 1Dg
Yieldit are excited to offer this incredible opportunity for investors looking to expand their portfolio with a mixed used venture. The freehold property is ideally situated on the famous Penny Lane and compromises of a ground floor retail unit let to a well-established business and a separate five-bedroom HMO. Spread across two floors it includes a spacious open plan reception room with fitted kitchen and family bathroom with three-piece suite.
The HMO is available with vacant possession, allowing the new owner to run and maximise the return how they wish. The property has previously been ran as a licensed HMO, appealing to young professionals and students looking for conveniently placed and good value accommodation. If the property was to be let as serviced accommodation on a short term let basis, an investor could expect an impressive return in the region of 14.5% net.
Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer, so investing in property in this thriving city is a wise choice. It is also renowned for its University’s and thousands of students are constantly drawn to the city, meaning rental properties in the city are in ever increasing demand.
Property info
For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.