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1 bed property, in Withens Lane, £75,000
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1 bed bungalow

Withens Lane, Wallasey CH45
£75,000

Our Summary

  • The property is freehold and currently achieves a rental income of £450 per calendar month, providing a gross yield of 7% per annum, with potential to increase to £600 per calendar month (equivalent to a 9% gross yield) subject to rent review
  • With an EPC rating of D (potential to improve to C), the bungalow comprises a comfortable living room, a modern fitted kitchen, a generous double bedroom, and a bathroom
  • This property is priced to sell, offering a fantastic investment opportunity in a popular coastal area
  • Early viewing is highly recommended to appreciate the potential and value on offer

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Description

The property is a well-presented one bedroom semi-detached bungalow with a freehold title. It features a living room, modern fitted kitchen, generous double bedroom, and bathroom. The layout is practical and low maintenance.

The property has a small private rear yard and benefits from on street parking. The council tax band is A and it is close to the beach, local shops, cafes, and public transport links.