The uber cool city of Liverpool with its rich musical heritage, generous sprinkling of designer boutiques, world class sporting stadiums and a plethora of funky bars and restaurants is the location for this month’s I Am The Agent investment property of the month.
Offered by I Am The Agent partner, FreshStartLiving, Bispham House is a modern apartment building of one and two bedroom properties designed for city living. The perfect introduction to property investment for first time buyers, all apartments are fully managed, finished to a high standard and boast beautiful sweeping views of the city of Liverpool and River Mersey.
An attractive prospect for those wishing to rent a private property, Bispham House investors can expect a £55,000 instant equity with a one bedroom purchase and a monthly rental income of £450 or £5400 per year. The gross yield is calculated to be 8.3% with a net yield of 6.5%. The purchase price is £65,000 through FreshStartLiving, compared with a competitor rate of £120,000.
Two bedroom properties in the same building offer annual rental incomes of £6600 (or £550 per month) and an instant equity of £60,000. The purchase price is £75,000.
Credit options for investors include a two year rental guarantee of 8% net yield.
To find out more and to arrange a viewing, visit the I Am The Agent property listing at http://www.iamtheagent.com/property-for-sale/england/merseyside/liverpool/flats/property-843.aspx
