Fountain Street, Birkenhead, Merseyside, CH42
- BEDROOMS
9
- BATHROOMS
6
- 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
- Apartment Block
- Investment Opportunity
- Sold With Freehold
- 8.4% Yield
- £46,320 Annual Income
- Three x Two Bedroom Apartments
- Three x One Bedroom Apartments
Description
Key Features:
• Total of 6 Apartments:
o 3 x 2-bedroom duplex apartments
o 3 x 1-bedroom apartments
• Good Condition Throughout: All apartments are in good condition, with modern fixtures and fittings, providing comfortable living spaces for tenants.
• Spacious Duplex Apartments: The three 2-bedroom apartments are arranged over two levels, providing generous living space. Each duplex apartment is enhanced with large skylights, which flood the living areas with natural light and add an airy, open feel to the rooms.
• Separate Utilities: Each apartment has its own separate utilities, offering independence and privacy for tenants, and reducing any management complexities for the landlord.
• Ground Floor Flats with Rear Gardens: The ground-floor apartments benefit from private rear gardens, ideal for outdoor space and recreation. These areas provide a pleasant and low-maintenance outdoor retreat for residents.
• Private Parking: The property benefits from off-road parking, offering secure and convenient parking options for tenants, which is a highly desirable feature in this area.
• Freehold Sale: The property is being sold with the Freehold, giving the new owner full control and flexibility in managing the property.
• Strong Rental Income: With an annual rent of £46,320, this property presents an attractive yield for investors, with consistent income potential.
• Rent Schedule Available on Request: A copy of the current rent schedule is available upon request, offering transparency and clarity on the rental breakdown for each apartment.
• Purpose Built: The flats are purpose-built, designed with functionality and tenant comfort in mind, ensuring efficient use of space and modern living standards.
• Opportunity to buy Owning Company: Potential to buy the owning company of the blocks of flats taking over both Fountain Court & Euston Grove blocks.
The property is situated in a well-established residential neighbourhood with good local amenities, schools, and transport links, making it an attractive proposition for renters. Its proximity to key areas and transportation options ensures high demand for rental units, contributing to its strong rental performance.
This property represents a prime investment opportunity, offering a stable income stream, good-quality living spaces, and future growth potential. Early viewing is highly recommended to fully appreciate the scope and potential of this well-maintained block of apartments.
Brochures
Particulars- 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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Fountain Street, Birkenhead, Merseyside, CH42
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