Flat for sale in Gilmartin Grove, Liverpool L6

Lps has a two-bedroom apartment for sale with a balcony and parking on Gilmartin Grove in the Kensington area of Liverpool, close to the Knowledge Quarter and City Centre. Currently tenanted but on a rolling tenancy so would suit investors (7.1% yield) or owner occupiers.

The apartment is on the first floor and has a welcoming entrance hallway, an open plan lounge / kitchen / diner with a spacious balcony, two double bedrooms and a shared bathroom. It has double glazing and electric heating throughout and there is a secure intercom entry system and an allocated parking space.

The apartment is ideally located less than a mile to the Knowledge Quarter, which is where many of the University buildings are located, as well as the Royal Liverpool Hospital. It is also less than 2 miles to the city centre and you can easily access a bus if you do not fancy the walk. There are also plenty of amenities in the immediate area, including the likes of Tesco and independent eateries.

The property is currently let to a good tenant by way of an Assured Shorthold Tenancy agreement, which means it would suit owner occupiers or investors.

For owner occupiers you would need to give the correct notice for the tenant to vacate and we can give you further details and advice on this.

As an investment, the apartment is producing a strong rental income of £8,7000 per annum which would be an excellent gross yield of 7.1%. It is within a popular rental area so you would have no problem attracting new tenants and would have little to no void periods.

We think this is an excellent opportunity. Get in touch with us for more information or to arrange a viewing.

Additional information:

Service Charges: £1248.56

Ground rent: £150.00

Years remaining on the lease is 105 Years
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Itshould not be assumed that the property has all the necessary planning, building regulation or other consents and we have not testedservices, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.