2 bed flat for sale

Reliance House, 20 Water Street, Liverpool L2

Reliance House, 20 Water Street, Liverpool, L2 8Aa

Yieldit are pleased to offer to the market this beautiful fifth-floor apartment, located within the desirable development of Reliance House.

The apartment briefly comprises a spacious open-plan living and kitchen/dining area, featuring a fully fitted kitchen with a high-gloss finish. There are two well-proportioned double bedrooms with fitted wardrobes, including one with an en suite, as well as a family bathroom and a storage cupboard. Residents also benefit from secure intercom access and an on-site concierge service.

Reliance House is within walking distance of Liverpool city centre and the city’s vibrant waterfront. Residents are perfectly positioned to enjoy everything Liverpool has to offer, from its famous museums that showcase the city’s rich history to the thousands of bars, restaurants, and shops for which Liverpool is renowned. The development is also just a fifteen-minute walk from Albert Dock, the most visited free tourist attraction in the UK outside of London. This lively area offers a wide selection of bars and restaurants, with something to suit everyone.

Liverpool is regularly recognised as one of the UK’s leading buy-to-let hotspots, driven by rapid population growth and strong demand for high-quality housing. The city benefits from a large regional economy, with tourism contributing over £3.64 billion annually thanks to its extensive range of attractions and amenities. A growing number of professionals relocating to live and work in Liverpool are seeking luxury rental accommodation and are willing to pay a premium. Additionally, the city has recently unveiled a multi-billion-pound innovation plan to invest 5% of its economy in research and development by 2030-almost double the UK target-expected to create 44,000 jobs and add £41.7 billion to the economy.

Please note, this is an area where a selective licensing scheme may apply.

Financial Breakdown

Gross Rent: £15,300.00
Net income: £10,193.00
Gross yield: 9.87%
Net yield: 6.58%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07601