Offers over
£200,000
3 bed terraced house for saleOrrell Lane, Orrell Park, Liverpool L9
3 beds
3 baths
3 receptions
EPC Rating: C
Added on
About this property
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
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.
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