1 bed flat

This is a fantastic investment opportunity for cash buyers, offering a high-yield return of 11.5% gross yield. The property is a spacious 1-bedroom ground floor flat on Lilley Road, L7, with off-street parking and a long-standing tenant on an AST. The current rent is £650 per month, providing a solid income stream for investors. The property is conveniently located close to transport links, universities, and local amenities, making it attractive to professionals and students alike. With a low service charge of £1,200 per annum and ground rent of £400 per annum, this is a low-maintenance investment opportunity that is sure to provide excellent returns. With a sales price of £55,000, this is a great chance to secure a high-yield investment in a thriving area.