4 bed terraced house

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4 bed terraced house

Kenilworth Road, Wallasey CH44
£140,000

Our Summary

  • 5% Gross Yield - Excellent Investment Opportunity
  • - Tenanted Since 2016 by Long-Term Tenant - Decent Condition, No Immediate Refurbishment Required

Description

This fully tenanted 4-bedroom terraced property in Wallasey offers an excellent investment opportunity, generating a steady income of £12,000 per annum with a 7.5% gross yield. The property has been tenanted since 2016 by a long-term tenant and is in decent condition, requiring no immediate refurbishment. As a freehold property with an EPC rating of C, it has a rolling AST contract with a reliable tenant and low maintenance costs. The property is conveniently located near local amenities, transport links, and schools, making it an attractive option for commuters and families. With a purchase price of £160,000, this property provides a solid investment opportunity for those seeking a reliable income stream.
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