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53 Shrewsbury Road, Prenton, Merseyside, CH43 2JB

Offers in Region of
£940,000
Reduced on 19/11/2021
The Property Advantage, Shrewsbury
PROPERTY TYPE
Block of Apartments
BEDROOMS
×11
BATHROOMS
×11
SIZE
4,453 sq. ft.
(414 sq. m.)

Key features

  • Excellent Investment Opportunity
  • Recently Refurbished To A High Standard
  • Well Located To Local Amenities
  • Gross Income ; £100,500 PA
  • Gross Yield ; 10.69%
  • Full Management Package Available
  • 2% +VAT Buyer's Fee

Property description

Tenure: Freehold

This is a fantastic investment opportunity of 11 flats consisting of 5 x 1 bedroom flats and 6 studio flats. The property is a converted Victorian period property. In total it is 4,452.9 sq ft (413.69 sq m). It has been recently refurbished and in very good condition. The flats are tenanted and on a rolling contract basis. The Gross Income is £100,500 per annum and the Gross Yield is 10.69%.

Situated in Prenton, Birkenhead the property is ideally situated in a quite residential area. The flats are located close by to a number of local amenities including; Oxton village post office (0.5 miles), Lidl (0.7 miles), local primary and secondary schools and Townfield health care centre (1.2 miles) just to name a few. Additionally, transport links near by include the local train station, Upton Merseyside train station which is within 1.7 miles.

Income;

Flat 1 - £758 / Flat 1a - £758 / Flat 2 - £823 / Flat 3 - £433 / Flat 4 - £820 / Flat 4a - £758 / Flat 5 - £715 / Flat 6 - £820 / Flat 6a - £758 / Basement 1 - £866 / Basement 2 - £866
Total; £8375 PCM / £100,500 PA

Expenditure;
Electric - £847 / Water - £42.78 / Council Tax - £1,130.50 / TV License - £92.20 / Broadband - £167
Total; £2,279.48 PCM / £27,353.76 PA

Brochures

Brochure
Energy Performance Certificates

53 Shrewsbury Road, Prenton, Merseyside, CH43 2JB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Park Station1.0 miles
  • Birkenhead Central Station1.3 miles
  • Conway Park Station1.3 miles
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Market information
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About the agent

The Property Advantage, Shrewsbury

The Property Advantage, 2nd Floor Office, Wightman Chambers, 14 The Square, Shrewsbury, SY1 4HA

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Disclaimer - Property reference TSC-53616400. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Property Advantage, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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