Summary - 5, Wervin Road, LIVERPOOL L32 5TY
2 bed 1 bath Flat
**Property Overview:**
- Two-bedroom ground floor apartment
- Sold with long-term sitting tenant (2 years remaining)
- Monthly rental income of £550; 12% yield
- Upvc double glazed, gas central heating
- Designated parking space included
- No chain; EPC Rating (C 75)
- Leasehold with 226 years remaining
Discover a fantastic investment opportunity in the heart of Westvale, Kirkby with this well-maintained two-bedroom ground floor apartment, currently tenanted with a reliable income stream of £550 per month. Enjoy the benefits of two spacious bedrooms, a bright lounge, and a fully equipped kitchen, offering potential for modern updates or renovation if desired.
This apartment not only features convenient gas central heating and double glazing but also comes with its own designated parking and access to communal gardens. Located close to Kirkby town center and railway station, the property offers easy commuting options and is surrounded by essential amenities such as shops and schools, making it ideal for families and investors.
Despite the property's solid investment potential and attractive rental yield, it's important to note that the local area has a higher crime rate, which might be a concern for some buyers. Nonetheless, with a manageable service charge of £907 per year and reasonable ground rent of £150, this property stands out in terms of affordability and value. Don't miss this unique opportunity to secure a stable income in a growing market!
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