Located on Esher Road in the popular residential area of Kensington, L6, is this well presented three bedroom end terrace property, arriving proudly at the sales market courtesy of appointed agents, Move Residential. Proving to be an ideal purchase for potential investors as the property is perfectly located just a short distance from University of Liverpool, the property is briefly comprised of; an entrance hallway, a welcoming sitting room with a cast iron feature fireplace and surround, a substantial fitted kitchen with integrated appliances and a convenient utility room offering additional storage space and fittings for appliances.
To the first floor, you will find two generously sized double bedrooms, one of which benefits from a private en suite shower room, an impressively spacious single bedroom and a contemporary style, fully tiled three piece family bathroom suite. Further benefits to the property include double glazing and gas central heating throughout.
The property is currently fully let to a group of students paying £1387 pcm and this is producing a net return of approximately 10%.
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.