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2 bed property, in Lathom Court, £100,000
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2 bed flat

Lathom Court
£100,000

Our Summary

  • Investment Opportunity | 8
  • 7% Gross Yield | Tenant in Situ | Potential to Increase Rental Income An excellent opportunity to acquire this well-presented third-floor, two-bedroom apartment, 2 bathroom, ideally situated in the heart of Prescot Village, offering strong investment potential with an established tenant currently paying £725 PCM, representing an 8
  • There is also an opportunity to add value, with scope to modernise the apartment and increase the achievable rent to approximately £850 PCM, further enhancing the investment return
  • Property Information Third-floor apartment Two spacious bedrooms Large en-suite to the principal bedroom Allocated parking space Gas central heating Double glazing throughout Secure, well-maintained development Tenant in situ paying £725 PCM Tenant planning to vacate December 2026 Estimated rental potential of £850 PCM following modernisation Ground Rent: £150 per annum Service Charge: £1,050 per annum Lease Length: Awaiting confirmation EPC Rating: C Council Tax Band: B Council Tax Band: B (Knowsley Council) Tenure: Leasehold Ground Rent: £150 per year Service Charge: £1,050 per year

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Description

This third-floor apartment features a spacious open-plan living area, a well-appointed kitchen, two generously sized bedrooms, and a family bathroom with a large en-suite shower room in the principal bedroom. There are gas central heating, double glazing throughout, and an allocated parking space within a secure, well-maintained development. The apartment has two bathrooms, and the principal bedroom benefits from an impressive en-suite.

The property has a well-maintained communal area and grounds, and amenities such as double glazing, gas central heating, and a secure parking space.