Seaview Road, Wallasey, Wirral

Property Details: • Type: End of Terrace • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Mixed-use investment • Attractive asking price of £220,000 • Combined rental income of approximately £1,900 per calendar month • Annual rental income of £22,800 • Potential gross rental yield of approximately 10.4% • Three residential flats occupied by reliable tenants • Excellent opportunity for investors • Council tax band TBC

Location: • Nearest Station: Wallasey Village Station • Distance to Station: 0.9651865673094733 miles

Agent Information: • Address: 117-119 Wallasey Road, Wallasey, CH44 2AA

Full Description: Fantastic investment opportunity comprising a ground-floor shop and three flats. The flats are occupied by reliable tenants, generating rental income, with the vacant shop offering further potential. Combined income of £1,900 PCM, representing an attractive gross yield of approx 10%.<br /><br />An excellent opportunity to acquire a mixed-use investment property comprising a ground-floor commercial shop with three flats arranged over the upper floors. Offering an attractive combination of commercial and residential accommodation, this property presents an appealing proposition for investors seeking to establish or expand their portfolio.<br /><br />The ground floor comprises a substantial commercial shop unit, offering a versatile space with its own prominent street frontage and potential to suit a variety of business uses, subject to any necessary consents. The commercial unit is currently vacant, presenting an opportunity for a new owner to secure a tenant of their choice and potentially enhance the property's overall income. <br />Arranged over the first and second floors are three residential flats, providing a valuable additional income stream and diversification within the same investment.<br /><br />With the residential flats already occupied by reliable tenants, the property offers an established income base from completion, while the vacant commercial premises provide scope for a purchaser to add further value through the letting of the shop.<br /><br />Offered for sale at £220,000, this is a fantastic opportunity to acquire a mixed-use investment comprising one commercial unit and three residential flats, with a current combined rental income of approximately £1,900 per month and a potential gross yield of 10.4%.<br /><br />Call the Wallasey Branch today to arrange your viewing!