Sandon Road, Wallasey, Merseyside, CH44

- PROPERTY TYPE
Block of Apartments
- BEDROOMS
7
- BATHROOMS
4
- 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
- Mixed Commercial And Residential Property
- Freehold Property
- Ground Floor Commercial Shop With Basement Storage
- 4 Flats
- Gross Annual Income: £29,520
- Gross Yield: 10.93%
- Close To Local Amenities
- Excellent Investment Opportunity
Description
National Residential are delighted to present this versatile and high-yielding freehold mixed-use property in the heart of Wallasey. Featuring a combination of commercial and residential units, this property offers immediate rental income, excellent tenant demand, and significant future potential, making it an ideal choice for savvy investors.
Property Overview
Ground Floor Commercial Unit:
* Fully tenanted shop front with basement storage.
* Generating £500 per month (£6,000 per annum).
Basement 1-Bedroom Flat:
* Tenanted at £380 per month (£4,560 per annum).
* Open-plan lounge/dining/kitchen area, bedroom with en-suite bathroom.
Ground Floor 1-Bedroom Flat:
* Rented at £450 per month (£5,400 per annum).
* Lounge, kitchen/dining room, bedroom, and bathroom.
First Floor 3-Bedroom Flat:
* Generating £580 per month (£6,960 per annum).
* Spacious lounge, kitchen/dining room, 3 bedrooms, and bathroom.
Second Floor 2-Bedroom Flat:
* Tenanted at £550 per month (£6,600 per annum).
* Lounge, kitchen/dining room, 2 bedrooms, and bathroom.
All units are well maintained, fully occupied, and provide consistent rental income. There is potential for future rent increases, enhancing the overall yield and value of the investment.
Financial Highlights
* Gross Annual Income: £29,520.
* Gross Yield: 10.93%.
* Net Monthly Income: £2,214 (after a 10% management fee).
* Net Yield: 9.84% (based on a purchase price of £270,000).
Location Advantages
Positioned on Sandon Road, this property is ideally located for tenants and investors alike:
* Connectivity: Excellent transport links, including bus routes to Liverpool, easy access to Wallasey Village, and nearby major road networks.
* Local Amenities: A short walk to shops, cafes, supermarkets, and the scenic promenade with stunning views over to Liverpool.
* Education: Close proximity to highly regarded primary schools and other educational facilities, making it appealing for families.
* Lifestyle: Situated near leisure facilities, parks, and green spaces, offering tenants a balance of urban convenience and tranquil surroundings.
Why Invest in Wallasey?
Wallasey is a thriving town with strong rental demand, driven by its proximity to Liverpool and excellent local amenities. The area has seen consistent property value growth, making it an attractive location for investors seeking reliable yields and long-term capital appreciation.
Don't Miss Out!
This mixed-use property offers a rare opportunity to acquire a high-yield investment in a prime location. With fully tenanted units, strong financial returns, and excellent future potential, it's the perfect addition to any property portfolio.
Arrange Your Viewing Today:
Watch our detailed online video tour for an inside look and layout of this exceptional property. For more information or to schedule a viewing, contact our specialist sales advisor. Opportunities like this are in high demand-secure your investment now!
This property is ONLY available for purchasers who are NOT in a chain.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
- 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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Sandon Road, Wallasey, Merseyside, CH44
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Visit our security centre to find out moreDisclaimer - Property reference 76604. 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 National Residential, Nationwide. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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