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Canning Street, Birkenhead 1 bed apartment for sale
Canning Street, Birkenhead
£55,000
Canning Street, Birkenhead
£55,000
Our Summary
- 1-Bedroom Apartment with Strong Investment Potential in Central BirkenheadThis well-presented 1-bedroom, 1-bathroom leasehold apartment offers 441 sq ft of internal living space in a highly accessible location within central Birkenhead
- Priced competitively at £55,000 and currently yielding £550 pcm, it represents an appealing opportunity for cash buyers seeking strong returns
- The nearby Wirral Waters regeneration project could further enhance the area's investment potential in years to come
Description
This 1-bedroom, 1-bathroom leasehold apartment in central Birkenhead offers a strong investment opportunity with a competitive price of £55,000 and a gross yield of approximately 12% based on the estimated rental income of £550 per month. The property benefits from a modern kitchen and bathroom, and its central location provides easy access to transport links, local amenities, and the nearby Wirral Waters regeneration project, which could enhance the area's investment potential in the future. The apartment is suitable for cash buyers seeking high returns and is likely to be a dependable addition to any portfolio. With a service charge of £1,514.38 per year and a ground rent of £250 per year, this property presents an attractive opportunity for investors looking to secure strong rental returns in a well-connected urban setting.