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Euston Grove, Prenton, Wirral, CH43

PROPERTY TYPE

Block of Apartments

BEDROOMS

22

BATHROOMS

12

SIZE

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TENURE
Describes 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

  • Fantastic investment opportunity
  • 10 two-bedroom and 2 one-bedroom apartments
  • Three garages
  • Potential rental income of £93,600
  • Nine car parking spaces

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. Tenure: Freehold,
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Private,Off street
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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Energy performance certificate - ask agent

Euston Grove, Prenton, Wirral, CH43

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Central Station0.7 miles
  • Birkenhead Park Station0.8 miles
  • Conway Park Station0.8 miles
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About the agent

Northwood, Wirral

78 Telegraph Road Heswall CH60 0AQ

Northwood, Wirral

Northwood was founded in 1995 in Portsmouth but now has a national network of branches from Aberdeen to Plymouth and from Cardiff to Norwich. We operate a high calibre letting, estate agency and financial services business and we are renowned for our unique Guaranteed Rental Income Scheme that is not an insurance policy. Contact us now!

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference P1557. 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 Northwood, Wirral. 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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