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22 bedroom block of apartments for sale
Euston Grove, Prenton, Wirral, CH43
£1,200,000
Euston Grove, Prenton, Wirral, CH43
£1,200,000
Our Summary
- We are delighted to present this fantastic investment opportunity to purchase the freehold of a purpose-built detached block of twelve self-contained apartments
- 11 of 12 flats currently tenanted achieving £525pcm - £625pcm rental income with great potential to increase earnings with investment
Description
This investment opportunity presents a freehold block of 12 self-contained apartments in the convenient location of Prenton, near local shops, schools, and amenities. The three-storey building features 10 two-bedroom and 2 one-bedroom apartments, as well as 3 garages and 9 private parking spaces. The apartments are currently tenanted, generating a combined annual income of £70,500, with potential to increase earnings through investment. With an EPC rating of D, C, or B, the property offers a 7.8% yield based on the asking price, making it an attractive opportunity for investors.