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Withens Lane, Wallasey, Wirral

Key features

  • Freehold
  • Council Tax Band A
  • 1,703 Sq Ft Approx
  • One Bedroom Flat
  • Two Bedroom Maisonette
  • Tenants In Situ
  • £975pcm Combined Rent
  • Yield In The Region Of 7%
  • No Onward Chain
  • Close To All Amenities

Description

A fantastic investment opportunity comprising two apartments, each with its own private entrance, let to great tenants and producing a combined rental income of £975pcm. Offering a yield in the region of 7%, private outdoor space and no onward chain, this is an ideal addition to any portfolio.

The property comprises two separate apartments, offering flexibility and excellent rental potential, with both properties being sold with tenants in situ.

Accessed via its own private front entrance, Apartment 33 is a well-proportioned one-bedroom ground floor apartment. The accommodation flows from the lounge through to the hallway, providing access to the bedroom, shower room and kitchen. The kitchen provides access to the private rear garden, which enjoys a sunny aspect and has been designed to be relatively low maintenance. The garden also benefits from a workshop area and lean-to, providing useful additional space for storage, hobbies or practical use. This apartment is currently let at £450pcm.

Apartment 33a is a spacious maisonette arranged over three floors, accessed via its own private entrance and hallway, with stairs leading to the first floor. The first floor offers a huge lounge, a well-sized bedroom, bathroom and separate kitchen. Stairs then lead to the second floor, where you will find a huge master bedroom, providing an impressive amount of additional living and sleeping space. This apartment is currently let at £525pcm.

Both apartments benefit from established tenancies, with good tenants who pay their rent on time, providing an attractive opportunity for an investor looking for an income-producing property from day one.

With a combined rental income of £975pcm, rental yield in the region of 7%, two independent entrances, private outdoor space and no onward chain, this is an excellent investment opportunity with strong rental appeal. Call the Wallasey office for more information or to arrange your own viewing.
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.
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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Withens Lane, Wallasey, Wirral

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Affordability

Monthly repayments£848
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 5.02%
Term: 30 years
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About Karl Tatler Estate Agents, Wallasey

117-119 Wallasey Road, Wallasey, CH44 2AA
Industry affiliations:

Karl Tatler Estate Agents

Karl Tatler Estate Agents first opened in 1997 and our business has steadily grown ever since with many of our clients coming to us following a personal recommendation. Karl Tatler Estate Agents are now responsible for selling 1 in 4 properties on the Wirral!

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Disclaimer - Property reference WYS260807. 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 Karl Tatler Estate Agents, Wallasey. 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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