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Woodchurch Road, Birkenhead 6 bed block of apartments for sale
Woodchurch Road, Birkenhead
£180,000
Woodchurch Road, Birkenhead
£180,000
Our Summary
- This property presents a superb investment opportunity, comprising four well-proportioned flats with proven rental demand
- Ground FloorFlat 87A - 1-bedroom flat, currently tenanted at £390pcm (scope to increase)
- First FloorFlat 87C - Spacious 2-bedroom flat, let at £385pcm (with potential uplift)
- Some updating and decorative works are required, particularly to the vacant units, but once completed, the property offers a strong rental yield and long-term capital growth prospects
- Investment/Development Opportunity
Description
This property presents a fantastic investment opportunity, featuring four well-proportioned flats with proven rental demand. The ground floor flats, including one currently tenanted and one vacant, have the potential to generate significant rental income, while the first floor flats, including a spacious 2-bedroom unit currently let and a large 2-bedroom maisonette awaiting modernization, offer further opportunities for growth. While some updating and decorative works are required, particularly to the vacant units, the property has the potential to provide a strong rental yield and long-term capital growth prospects, making it an attractive investment opportunity.