PRESCOT ROAD, LIVERPOOL, L13
Client: Property investor
Duration of project: 12 weeks
End use: Airbnb (short term lets)
Experience the remarkable metamorphosis of a once modest 3-bedroom terraced property into an inviting open-plan haven. The original layout, characterized by a small kitchen and a cramped lounge/dining area, presented a compelling canvas for transformation.
By skillfully amalgamating the kitchen with the dining room, we birthed a spacious, sociable hub within the home. This open-plan kitchen/dining area now stands as the nucleus for culinary adventures and convivial gatherings. Simultaneously, the front room underwent a clever partitioning, metamorphosing into a cosy retreat, which conveniently doubles as an extra bedroom, thanks to a sofa bed.
The success of this transformation surpasses expectations, evident in its impressive 4.7-star rating from satisfied Airbnb guests. Our comprehensive approach extended beyond aesthetics, encompassing structural enhancements such as robust steel installations and an essential damp-proof course. Notably, we repurposed an old tool shed into a sparkling new bathroom, elevating the property's functionality.
This project epitomizes the fusion of innovative design and practicality, resulting in captivating spaces that not only delight guests but also attract rave reviews. If you're ready to elevate your property and offer unforgettable experiences to tenants or guests, our expertise is at your service. Join us in crafting spaces that make a lasting impression.
Prescot Road, Liverpool: A Strong Buy-to-Let Opportunity
As a Liverpool property investment expert, I see Prescot Road in Liverpool as an area with solid potential for buy-to-let (BTL) investors. This major arterial road connects key districts such as Fairfield, Old Swan, and Knotty Ash, offering a mix of affordable housing, strong rental demand, and excellent transport links.
Prescot Road spans several postcodes, including L7, L13, and L14, each offering different investment potential:
Fairfield (L7): Closer to Liverpool city centre, this area features a mix of Victorian terraces and post-war flats. The average house price is around £105,000, making it an affordable entry point for investors. Given the demand from students and young professionals, rental yields here can be above 7%.
Old Swan (L13): A more residential area with a high concentration of Victorian terraced housing, semi-detached homes, and some newer developments. This part of Prescot Road is ideal for long-term family lets, with rental yields ranging between 5% and 7%.
Knotty Ash (L14): Further out, Knotty Ash offers larger semi-detached and detached properties. While property prices are slightly higher, the area attracts long-term tenants, particularly families and professionals commuting to Liverpool city centre.
Why Invest in Buy-to-Let on Prescot Road?
With average house prices in the L7 area significantly lower than the UK average, investors can secure low-entry-cost properties with high rental yield potential. This affordability makes it an appealing choice for both first-time and experienced buy-to-let investors looking to maximize returns.
The area's mix of students, professionals, and families ensures a steady tenant pool. Its proximity to Liverpool's city centre, hospitals, and universities makes it a desirable rental location, attracting tenants who seek affordability without compromising on accessibility.
Prescot Road is a key transport route, offering frequent bus services and easy access to Liverpool Lime Street and Edge Hill Station. This strong connectivity makes it a convenient choice for tenants, particularly commuters and students who rely on public transport.
Liverpool continues to see significant regeneration projects, including investments in nearby areas such as the Knowledge Quarter. These developments drive property price appreciation and increased tenant demand, making Prescot Road a location with long-term growth potential.
Other areas such as Kingsheath Avenue in Liverpool are also very popular with property investors.
Prescot Road offers an attractive investment opportunity for high yields, strong rental demand, and affordable property prices. Whether targeting young professionals in Fairfield, families in Old Swan, or long-term tenants in Knotty Ash, the area provides diverse investment opportunities that cater to various buy-to-let strategies.
Why not read our guide on how to buy a property through a Limited Company?