Avon Street, Birkenhead, Wirral, Merseyside, CH41

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

Key Features: • Fully Refurbished Investment Property • 3 Double Bedrooms • Current Rental Income Of £1,200pcm • Conservatory Extension • Current Tenant In Situ • 8.7% Yield

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 125 Deansgate, Manchester, M3 2LH

Full Description: Pure Investor is delighted to present to the market a three-bedroom end terraced property for sale in Birkenhead. The property underwent full refurbishment back in 2023 which included a full conservatory extension with self-cleaning windows. There are three double bedrooms, a new family bathroom downstairs and a new modern kitchen. The garden is well presented with grass and a decking area with a small alley. Currently, the property is generating a monthly rental income of £1,200pcm with the current tenants being in situ since April 2024. This is a fixed 1-year contract and will then become a rolling contract. The current managing agent in place would be happy to continue managing the property and is currently charging 8% for full management.

INVESTMENT INFORMATION - Offers Over £165,000.00 - 3-bedroom end terrace property. - 1-bathroom downstairs. - Current Rental Income: £1,200.00pcm (£14,400.00 per annum) - Rental Income Once Management Fees Deducted: £1,104.00pcm (£13,248 per annum) - Tenure: Freehold - Current Gross Yield: 8.7% - Net Yield With Management Fee Of 8% Deducted: 8.0% - Current tenants moved into the property in April 2024 and are on a fixed 1-year contract. This will then go onto a rolling contract.