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5 bedroom semi-detached house for sale
Storeton Road, Birkenhead, Wirral
£280,000
Storeton Road, Birkenhead, Wirral
£280,000
Our Summary
- In varying conditions ranging from excellent to 'could be improved', this is a venture certain to prove highly lucrative
- The development has potential for an incredibly high yield
- Flats 4 & 5 are located on the first floor and require some maintenance and upgrading, Flat 4 occupies a large portion of the rear part of the floor and Flat 5 is at the front containing a double bedroom, living room/kitchen and a seperate, large shower room
- The second floor offers an incredible development opportunity, currently used for storage, this level has a huge room that looks towards the Prenton Park Stadium and Liverpools phenomenal skyline
- Also to this floor is an abundance of unused space, within the eaves and across the entire back of the house, you have terrific scope to create further amenities and generate additional income
- Come and take a look at what this property can offer you and the potential it has on top of its existing, excellent yield
- Excellent Investment/ Development Opportunity
- Scope for Further Two Flats to be Installed
Description
This large period property in Prenton, Liverpool, offers a lucrative investment opportunity for developers and investors. The property has been converted into five self-contained flats, including three studio-style flats and two one-bedroom flats, with two private courtyards and off-road parking. The flats are in varying conditions, ranging from excellent to "could be improved," providing scope for renovation and upgrading to increase rental income. The property benefits from a central location, close to amenities and transport links, and has potential for an incredibly high yield. The top floor offers a development opportunity, with a large room and unused space in the eaves, providing scope to create further amenities and generate additional income. With its existing excellent yield and potential for growth, this property is an attractive proposition for investors and developers looking to capitalize on its potential.