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3 bedroom apartment for sale
East Float Quay, Dock Road, Birkenhead, CH41 1DP
£155,000
East Float Quay, Dock Road, Birkenhead, CH41 1DP
£155,000
Our Summary
- The property has a tenant in situ currently paying £1000 PCM although there is the scope to increase this to £1200 PCM, increasing your NET yield to 6
- The development is perfectly situated to benefit from the ambitious regeneration project of Wirral Waters, one of the largest and most exciting projects in the UK which is developing the waterfront space to create an attractive new destination to live, work and visit
- Investment opportunity
Description
This stunning fifth-floor apartment is located in a former dockside warehouse in a beautiful waterside location, with a tenant currently paying £1000 PCM, offering a scope to increase the rent to £1200 PCM, resulting in a NET yield of 6.46%. The property boasts generous accommodation, including three spacious double bedrooms, a family-sized bathroom, an en-suite, and an open-plan living area with two large windows providing natural light. The apartment is part of the East Float Quay development, which offers a secure fob entry system, communal gardens, allocated parking, and lift access. The location benefits from easy access to the dockside, excellent transport links, and the ambitious Wirral Waters regeneration project, which is set to transform the waterfront space and create over 20,000 permanent jobs, increasing demand for nearby rental properties.