Balmoral Road, Fairfield, L6

This substantial Victorian property, situated in the desirable Fairfield L6 area, presents a rare and exciting opportunity for investors seeking to diversify their property portfolio with a high-yield asset. The impressive building comprises five self-contained flats, all currently tenanted and generating a combined rental income of £2,375 per month (£28,500 per annum).

The property is ideally located a short distance from the city centre, making it highly attractive to tenants seeking convenient access to local amenities, transport links, and employment hubs. The current owner has recently undertaken significant improvements, including the replacement of the roof, gutters, and fascias, ensuring the building is well maintained and structurally sound. The apartments themselves are full of character, reflecting the charm and period features typical of Victorian architecture. There is significant scope for further value enhancement, with recommendations to renovate the communal areas and external elements first, which would allow for an increase in rental income across the building. As each tenant vacates, a phased approach to renovating individual apartments is advised, ensuring any gap in rental income is kept to a minimum while steadily improving the overall standard of the property. This strategy allows an investor to maximise returns while minimising disruption to cash flow. The property also benefits from a paved rear garden (details available on request), adding further appeal for tenants. For investors looking to understand the full potential of this asset, we are able to provide detailed projections of anticipated rental income following renovation works. This block of apartments offers a unique blend of immediate income, capital growth potential, and the opportunity to add value through targeted improvements. Whether you are an experienced landlord looking to expand your portfolio or a new investor seeking a robust and attractive addition, this Victorian property in Fairfield represents an exceptional opportunity in a sought-after location. Early viewing is highly recommended to fully appreciate the scale, character, and investment potential of this impressive building. Please contact us for further information or to arrange a viewing.