A fantastic investment opportunity has arisen within the sales market to purchase this outstanding fix bedroom HMO property, located on Stevenson Street in the popular residential area of Wavertree, L15. Set over three floors, the property is currently fully let let out until June 2023 and is rented out at £110 per room per week.
The property is currently achieving an attractive yield of £28,800 PA.
In brief, the property comprises; a bay fronted bedroom, a rear communal area and modern fitted kitchen. To the first floor, you will find a large contemporary shower room and a further two fully furnished bedrooms.
At the pinnacle of the property, to the second floor, there is a second modern shower room and two additional double bedrooms.
Externally, to the rear of the property, there is an enclosed courtyard. Further benefits to the property includes double glazing and gas central heating throughout.
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.