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Wallasey Road, Wallasey, Wirral

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

1

SIZE

2,335 sq ft

217 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

Key features

  • Commercial Properties
  • Approx 2335 Sq Ft
  • Council Tax Band A
  • Shop Floor and Two Apartments
  • Freehold
  • Centrally located
  • Two Shop Floor Spaces & WC/Kitchenette
  • Two Bathrooms
  • Two Kitchen/Dining/Sitting Rooms
  • Two Double Bedrooms

Description

A fantastic freehold investment and development opportunity, comprising a ground floor commercial premises with two apartments above, all sold under one title. With a 10% yield and offering excellent flexibility for investors, landlords or developers, the property presents huge potential!

The ground floor commercial space benefits from its own front and rear entrances and comprises two separate shop rooms, providing versatile space for a variety of business uses. There is also a hallway, WC and kitchenette, while to the rear is a gated yard offering useful external space.

The first floor is currently arranged as an apartment, comprising a kitchen/sitting/dining room, double bedroom, study and bathroom. The second floor mirrors a similar layout, with a kitchen/sitting/dining room, double bedroom, study and bathroom, creating two versatile residential units above the commercial premises.

The property offers considerable potential for a variety of buyers. Multi-property landlords may wish to retain the existing configuration, while developers could explore the opportunity to reconfigure the accommodation and create apartments with alternative layouts, subject to the necessary planning and building regulations.

With its combination of commercial and residential accommodation, freehold tenure and scope for future development, the potential is huge and this is an opportunity not to be missed.

Call our Wallasey office today to arrange your 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: 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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Wallasey Road, Wallasey, Wirral

Approximate location

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Affordability

Monthly repayments£1,158
Property: £ 230,000
Deposit: £ 23,000
Interest rate: 5.36%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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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 WYS261135. 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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