Block of flats for sale in Euston Grove, Prenton, Wirral CH43
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Property features
- Fantastic investment opportunity
- 10 two-bedroom and 2 one-bedroom apartments
- Three garages
- Potential rental income of £93,600
- Nine car parking spaces
Property description
Investment - block of 12 flats – 3 garages - freehold
We are delighted to present this fantastic investment opportunity to purchase the freehold of a purpose-built detached block of twelve self-contained apartments. In the convenient location of Prenton, close to local shops, schools and amenities and within walking distance of Oxton Village.
Development Overview:
The three-storey building comprises ten two-bedroom, two one-bedroom apartments and three garages as well as nine private parking spaces at the rear. Access to apartments via a communal entrance at the front of the building, main staircase and secure keypad entry to each floor. All apartments have UPVC Double glazed windows, electric storage heating, intercom phone system and are Council Tax Band A.
11 of 12 flats currently tenanted achieving £525pcm - £625pcm rental income with great potential to increase earnings with investment.
Current income of £70,500 per annum
Potential income of £93,600 per annum, resulting in 7.8% yield based on asking price
EPC Rating:
Apartments 2-3 EPC Rating: D
Apartment 7 EPC Rating: B
All other apartments EPC rating: C
EPC rating: D.
For more information about this property, please contact
Northwood - Wirral, CH60 on +44 151 382 8443 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Northwood - Wirral, and do not constitute property particulars. Please contact Northwood - Wirral for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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