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Christchurch Road, Prenton, CH43 5SE

£290,000
Reduced on 06/10/2020
yieldit, Manchester
PROPERTY TYPE
Block of Apartments
BEDROOMS
×5
BATHROOMS
×3

Key features

  • Block of apartments
  • Fully tenanted
  • 2x two bedroom apartments
  • 1x one bedroom apartment
  • Freehold
  • Excellent location
  • Great transport links
  • 10 minutes from Liverpool city centre

Property description

Tenure: Please confirm if this is a freehold or leasehold property with yieldit

This wonderful investment opportunity comprises of; ground floor one bedroom apartment; double bedroom; fully fitted kitchen; three piece family bathroom with shower over bath. The property has a large triple bay front window in the lounge, and double doors off the bedroom leading to the rear garden; The first floor comprises of a two bedroom apartment; with 2 double bedrooms and double glazed windows; fully fitted kitchen with all appliances included; spacious lounge; a three piece family bathroom with shower over bath. The second floor comprises of a; a spacious lounge with double glazed window to the front; double bedroom with double glazed window to the front; fully fitted kitchen with all appliances included; second double bedroom. The block is in a great condition, with long standing tenants.

All apartments are currently tenanted, with most tenants being long term. This is a great income generator, in a location which is high in demand for this type of property, being just 10 minutes from Liverpool city centre.

Liverpool is regularly named as one of the UK’s best buy-to-let hotspots due to its rapid population growth and strong demand for more high-quality housing. Liverpool boasts a large regional economy, of which tourism contributes in excess of £3.64bn every year thanks to the vast array of tourist attractions and amenities on offer. The number of students flocking to this area is consistently increasing, which is great news for investors as over 70% of students in Liverpool require private accommodation during their stay. This influx of students has led to a situation where there are excellent yields for investors to be had, making this an investment opportunity not to be missed!

Financial Breakdown

Gross rent: £15,900
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £15,900
Gross yield: 5.48%
Net yield: 5.48%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-15492
Energy Performance Certificates

Christchurch Road, Prenton, CH43 5SE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Central Station0.9 miles
  • Conway Park Station1.0 miles
  • Birkenhead Park Station1.0 miles
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Market information
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About the agent

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-15492. 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 yieldit, Manchester. 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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