A fantastic investment opportunity has arisen within the sales market to purchase this expansive six bedroom mid terrace HMO property, located on Gilroy Road in the popular residential area of Kensington, L6. An ideal purchase for an investor looking to expand their portfolio, the property is very well presented throughout and offers generous and versatile living proportions with an impressive potential return of £25,000 PA.
In brief, the property comprises; an entrance hallway, a ground floor bedroom, a large communal area and breakfast room, and a modern fitted kitchen which enjoys a range of wall and base units with a variety of integrated appliances.
To the first floor, you will find three double bedrooms and two contemporary style three piece shower rooms. At the pinnacle of the property, to the second floor, there are a further two double bedrooms and an additional shower room.
Further benefits to the property includes double glazing and and gas central heating throughout.
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.