Florence Road, Wallasey

£350,000


Apartment / Studio

Key features

We think these features in particular deserve a special mention…

  • FREEHOLD INVESTMENT PROPERTY
  • Block of x 6 Self-contained Flats
  • Fully Tenanted on ASTs
  • Rental Income of £28,380 Per Annum
  • x5 One Bedroom & x1Two Bedroom
  • No Ground Rent Charges
  • No Maintenance Charges
  • Being Offered For Sale With No Chain
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ove Residential is delighted to present to the sales market, this well maintained, complete block of six self-contained flats. Consisting of five one bedroom apartments, and one two bedroom apartment, this freehold investment provides an ideal opportunity.

Situated on the corner of Florence Road and Borough Road, and close to local amenities of Seacombe, including excellent transport links to Birkenhead and Liverpool. 

Each self-contained flat is currently tenanted, and has been registered with the local authority to ensure it conforms to expected living standards, and safety standards. The block as a whole receives an approximate rental income of £28,380 per annum (£2,365 per month), which provides an 8% gross annual return on the current asking price.

Tenure: The vendor has informed Move Residential that the property for sale, comes with the benefit of freehold tenure.

If you are interested in this type of investment opportunity, call us today for more information, or to arrange a viewing

Property photographs

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Rooms

Local area information

Information about the Wallasey area and proximity to trains and schools for
Florence Road, Wallasey-11319869…

Florence Road, Wallasey-11319869