9 bedroom house for sale
£650,000 /Sale price - Prenton Merseyside N/ADetails
- Beds: 9
- Baths: 8
- Price: £650,000 /Sale price
- Internal Reference No.: 70792823
Overview
INVESTMENT OPPORTUNITYA unique proposition to buy an amazing property on the edge of Birkenhead Park, with great access to amenities. The property comprises eight apartments, currently yield £48,108 per annum at a 7.4% yield. The property comes as a ready-made investment with the freehold.INVESTMENT OPPORTUNITYA unique proposition to buy an amazing property on the edge of Birkenhead Park, with great access to amenities. The property comprises eight apartments, currently yield £48,108 per annum at a 7.4% yield. The property comes as a ready-made investment with the freehold.Having been lovingly restored by the current owners into an outstanding block of apartments, this traditional, semi-detached property right on the edge of the famous Birkenhead Park, UNESCO heritage site, is not to be missed. The property is also ideally located close to a wealth of amenities including transport links & shops to allow for a constant stream of good tenants. There are eight apartments, seven 1 bedroom units and one 2 bedroom, in the building based over the four main stories of accommodation, with several units based over more than one level.All of the properties are currently let out on Assured Shorthold Tenancy agreements and have been managed long term through ourselves as an agent, with long term relationships with the landlord and tenants. Currently the information on the apartments and rental amounts are as follows;Flat 1 (2 Bedrooms) Approx 1054 sq. ft. currently achieving £699pcmFlat 2 Approx. 301 sq. ft. currently achieving £440pcmFlat 3 Approx. 365 sq. ft. currently achieving £440pcmFlat 4 Approx. 441 sq. ft. currently achieving £550pcmFlat 5 Approx. 355 sq. ft. currently achieving £440pcmFlat 6 Approx. 312 sq. ft. currently achieving £510pcmFlat 7 Approx. 452 sq. ft. currently achieving £520pcmFlat 6A Approx. 258 sq. ft. currently achieving £410pcmCurrent total £4009pcmwith an annual total of £48,108 (calculating the current yield of 7.4%)A recent undertaking has been made appraise the apartments for a raise in their current values: a considered approach across several of the apartments would allow for an short-term uplift of 5% on the monthly rent as they come available again to the open market.The property is offered for sale with the freehold title, and draft leases have been prepared to give each of the apartments a 999 year lease. A future owner can amend these draft leases to their own requirements. There is also a limited company in place for the accounts and financial management of the block, and the freehold has been transferred to the ownership of this company.The landlords also hold another property in the adjacent block which could be added to the portfolio... please enquire. For more details and to contact: https://realtyww.info/houses_prenton-d196716/for-sale_i70792823Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- INVESTMENT OPPORTUNITY
- Converted
- semi-detached
- Council tax band A
- Eight separate apartments
- Currently returning £48,108 per annum
- Approximate yield of 7.4% annually
- Potential for further uplift on rents
- Currently tenanted with AST agreements
- Well-maintained communal areas
- Close to local shops
- transport links
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-17, Viewed 7 times.
Search more listings
- Swindon Houses For Sale
- Flats To Let In Wolverhampton
- Houses For Sale In Swindon
- Property For Sale Liverpool
- 1 Bedroom Flat To Rent In Norwich Private
- House For Rent Stoke On Trent
- Houses To Rent In Bishop Auckland
- Houses To Rent Chesterfield
- Houses To Rent In Cornwall
- House For Rent Newcastle
- Houses For Sale Blackpool
- Houses For Sale In Corsham
- Top 20 2 bedroom flat for sale eastbourne east sussex oven
- Top 10 3 bedroom house for sale lyndhurst hampshire garden
- Top 10 2 bedroom house for rent darlington durham terrace
- Top 10 3 bedroom house for sale north yorkshire leeds oven
- Top 10 3 bedroom house for sale hounslow greater london parking
- Top 100 3 bedroom house for sale conwy conwy garden
- Top 10 1 bedroom flat for sale brighton brighton and hove shopping
- Top 50 3 bedroom house for sale wolverhampton west midlands appliances
- Top 20 3 bedroom house for sale peterlee county durham den
- Top 10 3 bedroom house for sale knowsley merseyside fireplace
- Top 20 3 bedroom house for sale dorset dorset oven
- Top 20 1 bedroom flat for sale londres westminster garden