Liverpool Property Sourcing: New Deal Freehold House 10% Yield £90,000

Liverpool Property Sourcing: New Deal Freehold House 10% Yield £90,000

Tuesday 21st June 2022

Liverpool Property Deal: Freehold House 10% Yield £90,000

Tuna Fish and other associated companies have been successfully buying, developing, renovating, holding and selling apartment blocks and individual properties for decades. Properties are sourced in a variety of ways including at auction, through receivers and administrators, off-market and on-market.

We are either sent excellent investment opportunities, spot them, or source them for clients.

Inflation

Inflation is presently eroding the purchasing power of cash at a rate of 9% per annum (CPI) and 11.1% (RPI). It is forecast to increase further. Therefore real (inflation adjusted) cash balances, earning a negligible rate of return will effectively reduce from, say, £100,000 to £89,000 (RPI) over a year. Now would be a good time to think about how to mitigate this risk. Real estate has historically been a good hedge against inflation.

Investment Opportunity

We have a investment opportunity and many others which may interest you. This property is being sold with a couple of issues which we can iron out, hence the price. Most properties which have issues, whatever they may be, are usually excellent value.
In this case the house is below £90,000, is freehold and will let very well as a:

  • standard buy-to-let
  • 5 bedroom HMO (subject to consents),
  • Airbnb.

It has incredible flexibility. It also has:

  • Good location
  • Double glazing
  • Gas central heating

Both the kitchen and bathroom are fine, only cosmetic changes are required.
It will need a little work to get into a lettable condition and Tuna Fish Renovations can do that for you, if required.

The yield is about 10% and this property will go very quickly.

If interested please e-mail or call the office on 0151 705 9055 and leave a message.

Case Study

We personally bought a property in Liverpool in 2020 for £45,000. It is a big 3 bedroom end of terrace built in 1886. It's now valued at £100,000 plus, with minor works. Why? It had an issue. Buy properties with issues. I will write more about this in the next newsletter and give further examples of real property deals sourced or bought by Tuna Fish Property.

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