Withens Lane, Wallasey, Wirral

Property Details: • Type: Flat • Tenure: FREEHOLD • Floor Area: 1703 sqft

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

Location: • Nearest Station: New Brighton Station • Distance to Station: 1.1440983602506438 miles

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

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