Move Residential is pleased to offer for sale this fantastic four bedroom end terrace student rental investment property, located on Needham Road in Kensington, L7.
The accommodation is laid out over two floors - to the ground floor there is a two spacious reception rooms; one is currently utilized as a bedroom, a modern fitted kitchen diner and a three piece shower room.
On the first floor there are four good sized bedrooms. All bedrooms are similar size and contain the same range of fitted and non-fitted furniture.
Further benefits include an enclosed rear yard, double glazing and gas central heating throughout.
The property currently receives a gross rental yield of 13,000 per annum and is fully compliant with Building Regulations and HMO Licencing Regulations.
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.