A fabulous investment opportunity has arisen on Lawrence Road, in the popular Wavertree area of L15, through appointed agents Move Residential. This superb property was built circa 1890 and has since been converted, during 2013 into a seven bedroom duplex apartment with lounge, kitchen, two bathrooms and very large basement area.
Currently let to seven tenants until June 2016, with a total income of £26,320, this property represents a high quality investment without the usual maintenance expenditure. To the ground floor there is a bright lounge as well as a modern fitted kitchen boasting plentiful work surface space and range of wall and base units.
Furthermore, there are two double bedrooms and a three piece bathroom. To the first floor, there are five further double bedrooms and two handy bathroom suites.
A large and varied area of the City, much of it ideal for student investors as it consists largely of good sized, reasonably priced terraced properties close to the two main University bus routes, which run through the heart of Wavertree along both Smithdown Road and Picton Road. Many working professionals are drawn to the outskirts of Wavertree where a selection of first time buyer and family semi or detached properties can be found, along with character properties in Wavertree Garden Suburb (off Thingwall Road) and Wavertree Village (off Picton Road).
Open space includes Greenbank Park and Wavertree Playground - known locally as The Mystery due to the anonymous nature of the donor of the land - which includes Wavertree Sports Park with Liverpool Aquatics, Liverpool Tennis and Wavertree Athletics Centres. Smithdown Road and Picton Road provide a wide variety of pubs, bars, eateries and shops, including a large Asda Supermarket, and a library.
Schools include the historic Blue Coat School and King David High School. Wavertree Technology Park train station has regular services into Liverpool and out to Manchester, buses into the City are frequent and take less than 15 minutes.
As with all of south Liverpool, the M62 and John Lennon Airport are also easily reached.