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National Residential are delighted to present this excellent investment prospect: an end-terrace property consisting of 5 self-contained flats. The property includes 3 one-bedroom flats and 2 two-bedroom flats, all sold with freehold.
Currently fully occupied, this property generates an impressive gross yearly rental income of £23,400, translating to a gross monthly rent of £1,950. With practically no operating expenses, this is a prime investment opportunity.
Priced competitively at £235,000, this investment offers a solid gross rental yield of 9.96%, with realistic potential for future rent increases to further enhance overall yields.
The property is situated on the south side of Whetstone Lane, between its junctions with Wellington Terrace and Elm Grove. Public transport links include Birkenhead Central mainline rail station and a network of local bus services serving the surrounding vicinity. Road links include the A552, A554, and M53. Shopping amenities can be found locally within Birkenhead, with an extensive range of shops, bars, and restaurants available in Liverpool City Centre. Recreational pursuits can be found at the nearby open spaces of Birkenhead Park and along the River Mersey.
With no additional ground rent or service charges, this property offers exceptional potential for investors seeking a lucrative rental income.
Don‘t miss out on this fantastic investment opportunity. Viewings are highly recommended to fully appreciate the potential of this property. For further information and to arrange a viewing, please contact our dedicated specialist sales advisor. Secure your viewing today and take the first step towards a smart investment in Birkenhead!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
'By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
Full details for 7 Bedroom For Sale in Birkinhead
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Description
'' Unmissable Investment Opportunity - 5 Self-Contained Flats in Birkenhead ''National Residential are delighted to present this excellent investment prospect: an end-terrace property consisting of 5 self-contained flats. The property includes 3 one-bedroom flats and 2 two-bedroom flats, all sold with freehold.
Currently fully occupied, this property generates an impressive gross yearly rental income of £23,400, translating to a gross monthly rent of £1,950. With practically no operating expenses, this is a prime investment opportunity.
Priced competitively at £235,000, this investment offers a solid gross rental yield of 9.96%, with realistic potential for future rent increases to further enhance overall yields.
The property is situated on the south side of Whetstone Lane, between its junctions with Wellington Terrace and Elm Grove. Public transport links include Birkenhead Central mainline rail station and a network of local bus services serving the surrounding vicinity. Road links include the A552, A554, and M53. Shopping amenities can be found locally within Birkenhead, with an extensive range of shops, bars, and restaurants available in Liverpool City Centre. Recreational pursuits can be found at the nearby open spaces of Birkenhead Park and along the River Mersey.
With no additional ground rent or service charges, this property offers exceptional potential for investors seeking a lucrative rental income.
Don‘t miss out on this fantastic investment opportunity. Viewings are highly recommended to fully appreciate the potential of this property. For further information and to arrange a viewing, please contact our dedicated specialist sales advisor. Secure your viewing today and take the first step towards a smart investment in Birkenhead!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer‘s interests to check the working condition of any appliances.
'By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website. Back to listing
