53 Shrewsbury Road, Prenton, Merseyside, CH43 2JB

11 11 0

£1,000,000 Block of flats for sale
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Description

This is a fantastic investment opportunity of 11 flats consisting of 5 x 1 bedroom flats and 6 studio flats. The property is a converted Victorian period property. In total it is 4,452.9 sq ft (413.69 sq m). It has been recently refurbished and in very good condition. The flats are tenanted and on a rolling contract basis. The Gross Income is £100,500 per annum and the Gross Yield is 10.05%.

Situated in Prenton, Birkenhead the property is ideally situated in a quite residential area. The flats are located close by to a number of local amenities including; Oxton village post office (0.5 miles), Lidl (0.7 miles), local primary and secondary schools and Townfield health care centre (1.2 miles) just to name a few. Additionally, transport links near by include the local train station, Upton Merseyside train station which is within 1.7 miles.

Income;

Flat 1 - £758 / Flat 1a - £758 / Flat 2 - £823 / Flat 3 - £433 / Flat 4 - £820 / Flat 4a - £758 / Flat 5 - £715 / Flat 6 - £820 / Flat 6a - £758 / Basement 1 - £866 / Basement 2 - £866

Total; £8375 PCM / £100,500 PA

Expenditure;

Electric - £847 / Water - £42.78 / Council Tax - £1,130.50 / TV License - £92.20 / Broadband - £167

Total; £2,279.48 PCM / £27,353.76 PA

Gross Yield: 10.05%

Buyer Fee: 2.00% + VAT

Reference: TSC-53616400
53 Shrewsbury.JPG 53 Shrewsbury1 53 Shrewsbury2 Energy Efficiency Chart

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Features

  • Excellent Investment Opportunity
  • Recently Refurbished To A High Standard
  • Well Located To Local Amenities
  • Gross Income; £100,500 PA
  • Gross Yield; 10.05%
  • 2% +VAT Buyer's Fee

Enquiry

To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.