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Orrell Lane, Orrell Park, Liverpool, L9

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Converted mid-terrace property
  • Three self-contained apartments
  • Combined rental income of £24,000 per annum
  • Apartments maintained individually by tenants
  • Finished to a high standard throughout
  • Established investment opportunity
  • Popular Orrell Park location

Description

An excellent investment opportunity comprising a converted mid-terrace property on Orrell Lane, Orrell Park, L9, which has been thoughtfully converted to provide three self-contained apartments.

The property has been finished to a high standard throughout, with each apartment providing its own independent living accommodation. All three apartments are currently occupied by tenants who maintain their respective properties individually, providing an established rental investment with a combined annual rental income of £24,000 providing a 12% yield.

The accommodation offers an attractive proposition for investors seeking an established income-producing property, with the benefit of three separate tenancies and individual self-contained living spaces.

Each apartment has been maintained to a good standard, with modern fixtures and fittings throughout, making this an appealing turnkey investment with little immediate work required.

Orrell Lane is situated in the popular residential area of Orrell Park, L9, providing convenient access to a wide range of local amenities and transport links.

The surrounding area offers a mixture of traditional terraced housing, modern developments and investment properties, making Orrell Park an established and popular location for both homeowners and landlords.

A variety of shops, supermarkets, cafes, restaurants and everyday amenities can be found within the surrounding area, while nearby Walton Vale and Rice Lane provide further shopping and leisure facilities.

The area benefits from excellent transport connections, with regular bus services providing access towards Liverpool city centre, Walton, Aintree and surrounding areas. Rice Lane railway station is also within convenient reach, providing rail connections towards Liverpool city centre and beyond.

For motorists, the location provides straightforward access to the wider Liverpool road network and key routes including the A59, with Liverpool city centre accessible within a relatively short journey.

With its established residential setting, strong local amenities and excellent transport connections, Orrell Park remains a popular location for both residential and investment property.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Orrell Lane, Orrell Park, Liverpool, L9

Approximate location

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Affordability

Monthly repayments£1,003
Property: £ 200,000
Deposit: £ 20,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Entwistle Green, Walton Vale

51 Walton Vale, Liverpool, L9 4RF
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Since 1920, Entwistle Green has been bringing people and property together across Lancashire and the North West, including Merseyside and Cheshire. With a commitment to exceptional service, each brand is strategically positioned to give you comprehensive support and insightful advice on your property journey. If you're looking for help on your property search, contact us today.

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Disclaimer - Property reference WAV240557. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Entwistle Green, Walton Vale. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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