October Drive

Investment Opportunity – 32 October Drive, Liverpool L6 4ET

Tenanted Two-Bedroom First Floor Apartment with Private Garden

An attractive opportunity to acquire a fully tenanted, income-producing apartment in Liverpool, offered with tenants in situ and generating immediate rental income from completion. This property is well suited to buy-to-let investors seeking a low-maintenance asset, long lease security, and consistent rental demand.

Property Overview

• Two-bedroom first floor apartment
• Private garden – a rare and valuable feature for an apartment
• Well-proportioned accommodation
• Popular residential location
• Long  lease, providing long-term security and mortgageability

Tenancy & Income

• Current rent: £1,000 per calendar month
• The landlord currently covers council tax
• Net income received: £820 pcm
• Net annual income: £9,840
• Tenants in situ – no void period or letting setup required

Outgoings

• Ground rent: £150 per annum
• Service charge: £295 per annum
• Net income: £9,395 per annum
• Net yield: 8.5%
• Predictable and relatively low fixed costs, supporting long-term yield stability

Investment Highlights

• Immediate rental income from day one
• Long lease term enhancing resale and financing options
• Private garden increases tenant demand and retention
• Low annual service charge and ground rent
• Established tenancy in place
• Strong rental demand for two-bedroom apartments in the area
• Ideal addition to an existing buy-to-let portfolio

Why This Property Appeals to Investors

This apartment offers a balanced investment profile, combining steady rental income with long-term security. The presence of a private garden sets the property apart from comparable apartments, while the long lease term and modest running costs make it an attractive proposition for both new and experienced landlords.

Summary

• Two-bedroom first floor apartment
• Private garden
• Tenants in situ
• £820 pcm net income
• 428-year lease
• Low annual outgoings

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

Get in touch with the team