- Fully tenanted, resulting in an immediate rental income from day one (£820pcm) +
- Two-bedroom first floor apartment in a popular Liverpool location +
- Private garden - a rare and highly desirable feature for an apartment +
- Long lease +
- Low running costs - ground rent £150pa, service charge £295pa +
- Strong rental demand - ideal for both new and experienced buy-to-let investors +
Investment Opportunity - 32 October Drive, Liverpool L6 4ET
Tenanted Two-Bedroom First Floor Apartment with Private Garden
An attractive opportunity to acquire a fully tenanted, income-producing apartment in Liverpool, offered with tenants in situ and generating immediate rental income from completion. This property is well suited to buy-to-let investors seeking a low-maintenance asset, long lease security, and consistent rental demand.
Property Overview
Two-bedroom first floor apartment
Private garden - a rare and valuable feature for an apartment
Well-proportioned accommodation
Popular residential location
Long lease, providing long-term security and mortgageability
Tenancy & Income
Current rent: £1,000 per calendar month
The landlord currently covers council tax
Net income received: £820 pcm
Net annual income: £9,840
Tenants in situ - no void period or letting setup required
Outgoings
Ground rent: £150 per annum
Service charge: £295 per annum
Net income: £9,395 per annum
Net yield: 8.5%
Predictable and relatively low fixed costs, supporting long-term yield stability
Investment Highlights
Immediate rental income from day one
Long lease term enhancing resale and financing options
Private garden increases tenant demand and retention
Low annual service charge and ground rent
Established tenancy in place
Strong rental demand for two-bedroom apartments in the area
Ideal addition to an existing buy-to-let portfolio
Why This Property Appeals to Investors
LET PURE INVESTOR TAKE THE STRAIN AWAY .....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more