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Mallaby Street, Birkenhead

PROPERTY TYPE

Block of Apartments

BEDROOMS

4

BATHROOMS

2

SIZE

1,076 sq ft

100 sq m

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

Description

Investment Opportunity - Two Ground Floor Flats Producing a Strong Yield

A fantastic investment opportunity offering an immediate return, with a healthy yield of approximately 8.6% and strong potential for increased rental income, as both tenants are now out of contract.

Flat 10a

Located on the ground floor, this spacious flat benefits from its own main entrance with vestibule. The generous living room leads onto a central hallway, providing access to:

-A kitchen with dedicated cooker space, sink with drainer, ample cupboard storage, and room for a fridge just outside.

-A large double bedroom (currently used as a gym).

-A well-proportioned shower room.

-A master bedroom.

-A third bedroom housing the boiler.

The hallway extends to the rear of the property, where there is direct access to the yard.

Flat 10b

Positioned next to 10a, this well-presented flat has a modern and bright feel. The entrance opens directly into the open-plan living/kitchen area, which includes:

-Modern kitchen fittings with sink and cupboard storage.

-A utility area leading to the shower room.

-A spacious double bedroom to the side of the living area.

Key Information

Current Rental Income: Flat 10a - £475 pcm (with scope to increase). Flat 10b - £346.66 pcm (with scope to increase).

EPC Ratings: Flat 10a - C (valid until March 8, 2035). Flat 10b - D (valid until August 19, 2032).

This property presents an excellent opportunity for investors seeking a ready-made rental portfolio with immediate income and clear potential for growth.

Council Tax Band: A
Tenure: Freehold

Living room

3.95m x 4.31m

Flat 10a
Large living room located at the front of the property, with 2 x uPVC windows and 1 x radiator

Kitchen

2.22m x 1.56m

Located to the side of the property, with sink and cooker space.

Hall

4.59m x 1.29m

Leading to the kitchen, bed 1 and additional hallway.

Bedroom 1

4.26m x 2.31m

Located to the rear of the property, with 1 x uPVC window and 1 x radiator.

Hall

5.85m x 0.67m

Additional hallway leading to the family shower room, bed 2, bed 3 and rear exit.

Shower Room

2.47m x 2.55m

Located to the side of the property, with a toilet, sink, 1 x radiator and shower block.

Master bedroom

4.01m x 2.47m

Located to the rear of the property, with 1 x uPVC window, 1 x radiator and carpeted.

Bedroom 3

2.76m x 1.97m

Located to the rear of the property with 1 x uPVC window, 1 x radiator and boiler.

Kitchen/lounge

4.14m x 3.88m

Flat 10b
Located to the front of the property with 2 x uPVC windows, integrated cooker, kitchen cupboards and fridge space, 1 x radiator.

Utility

0.91m x 0.88m

1 x kitchen sink with drainer, plus additional cupboard space.

Shower Room

1.27m x 1.22m

With shower unit, sink and toilet.

Master bedroom

4.24m x 1.84m

Located to the front and side of the property, carpeted, 1 x uPVC window.

Please note

MISREPRESENTATION ACT 1967
These particulars, whilst believed to be accurate are set out for guidance only and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation or fact, but must satisfy themselves by inspection or otherwise to their accuracy.

Services

The agents have not tested any of the appliances, equipment or heating systems (Gas, electrical or otherwise) mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order prior to any legal commitments. Photographs are for illustration purposes only and items shown in photos may not be included in the sale. Measurements - The approximate room sizes are only intended as general guidance and must be verified by any potential purchaser prior to exchange of contracts.

Mortgage Services

Bailey and Staples can refer you to a mortgage consultant who can offer you a full range of mortgage products and save you the time and inconvenience by trying to get the most competitive deal to meet your requirements. The mortgage consultant deals with most major Banks and Building Societies and can look for the most competitive rates around to suit your needs.
We are paid an introducers fee of 30% of the fee/commission earned by the Broker on referral. Please ask for more details.

Conveyancing Services

Bailey and Staples can refer you to recommended Conveyancers that in our experience, provides excellent customer service and communication throughout the sales process.
We are paid an introducers fee on referrals by certain Conveyancers, please enquire for more details

Brochures

Brochure
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.
On street
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.
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About Bailey and Staples, Wirral

69 Acre Lane, Bromborough, CH62 7BY
Industry affiliations:Industry affiliation logo 0

Bailey and Staples are Estate agents covering Wirral and Cheshire, whether you are buying or selling we are here to help. Our experienced and friendly agents have extensive local knowledge and utilising the latest marketing techniques to provide you the services you deserve. We are a forward thinking family business with great attention to detail, as your home is your greatest asset. Get in touch to see how we can help you sell or find your dream home.

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Monthly repayments
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Disclaimer - Property reference RS0181. 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 Bailey and Staples, 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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