Turnkey rental with strong yield and minimal holding costs.
Tenants in situ — immediate income, limited access for viewings
A straightforward, income-producing two-bedroom terraced property in Bootle offering immediate rental return. The property is currently let at £700pcm, producing a gross yield of approximately 9.3% at the asking price of £90,000. With 858 years remaining on the lease and only £10pa ground rent, ownership behaves much like freehold with very low holding costs.
The house is described as well maintained by the existing tenants and benefits from a modern fitted kitchen, two double bedrooms and a private rear yard. Being sold with tenants in situ provides immediate cashflow but means viewings and access are limited until any tenancy end or transfer arrangements are agreed.
Location drives the investment case: Bootle (L20) is a high-demand rental area with entry-level pricing and consistent yields, making this suitable for buy-to-let portfolios and new investors seeking an affordable, lets-ready asset. Investors should weigh the strong yield and long lease against local socio-economic factors.
Notable drawbacks are material and factual: the wider area records high crime levels and significant deprivation; this can affect tenant profiles, management needs and long-term capital performance. The property is leasehold and sold with tenants—not suitable for immediate owner-occupation without ending the tenancy. Prospective purchasers should carry out their own tenancy checks and local due diligence before offer.
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