Move Residential have been appointed to offer this three bedroom mid terraced property on Adelaide Road, Kensington, L7. Through a welcoming entrance hall that leads to two good sized reception rooms with the front reception room being used as a downstairs bedroom.
In addition to this, you have access to a full basement that has lighting, a fireplace and service meters. As you continue through the property you have a good sized fitted kitchen that benefits from a good amount of storage with a variety of integrated appliances.
As you ascend to the first floor, you have two double bedrooms with a three piece bathroom and separate shower room that was previously a bedroom. Furthermore, you also have a fourth bedroom in the loft area that is unique in style with an abundance of storage.
Externally this property offers a well maintained yard to the rear. Overall this property is perfect for a student investment and currently offers a net rental income of £17,680 per annum, however from July 2020 the income increases to £18,720 per annum.
Kensington is always popular with investors who see the potential in the area's on going regeneration and identify that its proximity to the City, both Universities and the Royal Liverpool Hospital make it ideal for the rental market. First time buyers can also benefit from the more affordable nature of the property here and enjoy having the City Centre so close to hand.
Property is primarily traditional Victorian terraced housing but with some notable Georgian properties and impressive Villas closer to town and around Fairfield. Prices, even for the larger properties, compare very favourably with the rest of the City, making for good prospects for a sound rental return and giving first time buyers more house for their money.
Full of contrasts and surprises, the area includes the Grade II listed, 121 acre Newsham Park which is surrounded by fine architecture - largely on Prospect Vale and Fairfield Crescent - and is a designated conservation area. Shops are many and varied along Kensington and West Derby Road, with larger, national chain stores located on Prescot Road and at Edge Lane Retail Park, which also has restaurants and a multiplex cinema.
Frequent train services to Manchester and into Liverpool run from Edge Hill Station, buses are regular and Edge Lane/Drive takes drivers straight on to the start of the M62.