Town Lane, Bebington, CH63
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Purchase of freehold title
- Mixed-Use Investment Opportunity
- Ground Floor Commercial Retail Unit
- Self-Contained Two-Bedroom Residential Flat Above
- Established Commercial Tenant
- Long-Standing Residential Tenant
- Ideal for Investors Seeking a Diversified Property Investment
- Freehold Investment Opportunity
- Well-Established Location
Description
The property provides an attractive combination of commercial and residential income, with both units currently let, offering an immediate combined rental income of £1,350 per calendar month.
INVESTMENT SUMMARY:
Purchase Price: £165,000
Annual Rental Income: £16,200
Monthly Rental Income: £1,350
Gross Rental Yield: 9.82%
Mixed Commercial & Residential Investment
Both units currently let
Established Town Lane location
Ideal addition to an existing property portfolio
LOCATION:
Situated on Town Lane in Higher Bebington, the property occupies an established mixed-use position surrounded by a range of local businesses, amenities, and residential properties. The location provides good access to Bebington, Bromborough, Birkenhead and the wider Wirral area.
INVESTOR OPPORTUNITY:
This property represents an excellent opportunity for an investor looking for a ready-made mixed-use income stream, combining the potentially longer-term benefits of a commercial tenancy with the additional income provided by the residential apartment.
With £16,200 of current annual rental income and an asking price of £165,000, early viewing is highly recommended.
Ground floor retail space
A well-positioned commercial premises currently utilised as a restaurant, situated on Town Lane in the established area of Higher Bebington.
Comprising a large restaurant/bar area 35.10 x 13.4 ft, kitchen and toilet facilities. The premises could potentially suit a range of alternative future commercial uses, subject to any necessary planning consents.
The property forms part of the sale of the whole freehold interest, providing an attractive opportunity to acquire the commercial element together with the associated residential accommodation, rather than purchasing the retail unit on a leasehold basis.
Upper floor apartment
A well-proportioned two bedroom first floor apartment forming part of this attractive mixed-use freehold property, situated in the established and popular area of Bebington.
The apartment provides well-planned residential accommodation and represents an excellent opportunity for an investor or owner-occupier. The accommodation offers a large open plan kitchen/living area 22.6 x 17.3 ft, together with two bedrooms and family bathroom, making it suitable for a variety of purchasers and tenants.
Agents note
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed, and they do not form part of any contract. Propeller do not carry out any tests on any domestic appliances, which include Gas appliances & Electrical appliances, therefore, confirmation cannot be given as to whether they are in full working condition. Once an offer has been accepted, purchasers will be asked to produce information for Money laundering regulations. Propeller may receive a referral fee from services offered to a client or purchaser including but not limited to the following services: conveyancing, mortgage/financial products, energy performance certificates, and property surveys
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Town Lane, Bebington, CH63
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