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 to the highest specification, into a six bedroom duplex apartment with open plan lounge, kitchen plus two bathrooms.
Currently rented on a joint tenancy to six tenants until June 2016, with a total income of £22,560, this property represents a high quality investment without the usual maintenance expenditure. Upon entry, you are presented with an open plan living room with a fitted kitchen, two double bedrooms and two bathroom suites.
Completing the tour, the final floor provides four further double bedrooms, two of which are showered with natural light via Velux windows, and a bathroom suite.
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.