LPS has a well-maintained 3 bedroom house with a garden for sale on Arnhem Road in the Huyton area of Liverpool. With a long-term tenant in-situ, this a ready-made investment. The current yield stands at 5.7%, but there are development plans for the Huyton area which could potentially see this increase. This property would also suit owner-occupiers, subject to giving the necessary notices.
The house is conveniently located in a quiet residential area within walking distance to Huyton town centre so there are plenty of amenities close by including parks, some high OFSTED-rated schools and plenty of transport links.
On the ground floor of this attractive property, there is an entrance hallway, a lounge, a dining room and kitchen. To the first floor, there are three bedrooms and a modern family bathroom. The property further benefits from Upvc double glazed windows and gas central heating throughout. Outside, there is a front driveway and a lovely garden to the rear with a patio area.
The property currently has a long-term sitting tenant and achieves a gross yield of circa 5.7%. This, however, has potential to increase as the Council has ambitious plans for the Huyton area and is currently progressing a 10 year development plan. This includes the creation of a commercial district (which will include the Council’s HQ, a hotel, commercial and residential accommodation), a village green and significant improvements to the high street and station gateway area. It provides the potential for approximately 1,700 jobs and a £50.8m boost to the local economy.
Huyton is a popular suburb of Liverpool and is just a 20-minute train ride or 30-minute drive from Liverpool city centre, making it an easily accessible location for both tenants and investors.
The photographs will be updated once we get access to the property.
We would definitely recommend viewing this property soon so please get in touch to get yours booked in.
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