A great investment opportunity has arisen within the sales market to purchase this substantial five bedroom HMO property, located on Overbury Street in the ever popular suburb of Kensington, L7. Ideally located close to Universities, Hospitals and the City Centre, this fantastic property is fully let out until next year and is achieving £22,325 per annum and would prove to be an ideal purchase for a buy to let investor looking to expand their portfolio.
The ground floor consists of a welcoming entrance hallway, a bright and spacious communal lounge, a modern breakfast kitchen and a ground floor WC.
To the first floor, you will find two generously sized double bedrooms and a large contemporary style three piece shower room suite. At the pinnacle of the property, to the second floor, there are a further three double bedrooms.
Externally, to the rear of the property, there is an enclosed yard to the rear elevation.
Further benefits to the property include double glazing 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.