Point Properties says ..
Fantastic 1-bed ground floor flat on Lilley Road, L7. Currently rented for £625 pcm with an 11.5% yield. Tenant on a rolling contract. Off-street parking and close to amenities. A prime investment opportunity with updated photos and floor plans coming soon!
Property Oracle says ..
This property is a 1-bedroom apartment located in Kensington, Liverpool. The listing price is significantly below the average price for the area, which is £162,730. While the property is in need of renovation, as evidenced by the photos showing significant wear and tear, its location near several schools with outstanding Ofsted ratings and relatively close proximity to transportation links (Edge Hill station is 1.36km away) could be attractive to buyers looking for a fixer-upper in a convenient location. The presence of a garden is a positive aspect. However, the lack of information regarding the square footage of the property and plot size makes a comprehensive evaluation challenging. The nearby listings show a range of prices, with some comparable properties selling for significantly more. Given the condition and the need for renovation, the price may seem reasonable to some buyers willing to undertake a renovation project. However, a full structural survey is recommended before purchasing.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 1
- Bathrooms
- 0
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Point Properties created the listing.
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