Skip to main content

My Home

Saved

Sign in

  • My Home

  • Saved

  • Saved

  • Sign in

  • Account

  • Sign in

22 bed block of flats for sale

£1,200,000

Euston Grove, Prenton, Wirral CH43

22 bed block of flats for sale 22 12
Interested in this property? Call +44 151 382 8443 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Fantastic investment opportunity
  • 10 two-bedroom and 2 one-bedroom apartments
  • Three garages
  • Potential rental income of £93,600
  • Nine car parking spaces

Property description



Investment - block of 12 flats – 3 garages - freehold



We are delighted to present this fantastic investment opportunity to purchase the freehold of a purpose-built detached block of twelve self-contained apartments. In the convenient location of Prenton, close to local shops, schools and amenities and within walking distance of Oxton Village.

Development Overview:
The three-storey building comprises ten two-bedroom, two one-bedroom apartments and three garages as well as nine private parking spaces at the rear. Access to apartments via a communal entrance at the front of the building, main staircase and secure keypad entry to each floor. All apartments have UPVC Double glazed windows, electric storage heating, intercom phone system and are Council Tax Band A.

11 of 12 flats currently tenanted achieving £525pcm - £625pcm rental income with great potential to increase earnings with investment.

Current income of £70,500 per annum

Potential income of £93,600 per annum, resulting in 7.8% yield based on asking price

EPC Rating:
Apartments 2-3 EPC Rating: D
Apartment 7 EPC Rating: B
All other apartments EPC rating: C

EPC rating: D.

Property value data/graphs for CH43

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £415,710 £181 3.9 £364,791
Semi-detached £217,192 £142 3.5 £244,724
Terraced £158,939 £137 3.2 £157,313
Flats £152,654 £158 1.9 £135,239

Current asking prices in CH43

Average: £320,436
Avg. current asking prices in CH43
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £100,375
(4) 		£206,000
(5) 		£235,594
(25) 		£458,700
(20) 		£827,500
(6)
Flats £95,150
(10) 		£127,500
(10) 		- - -
All £96,642
(14) 		£153,667
(15) 		£235,594
(25) 		£458,700
(20) 		£827,500
(6)

Current asking rents in CH43

Average: £791 pcm
Avg. current asking prices in CH43
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £598 pcm
(1) 		£771 pcm
(2) 		£1,125 pcm
(2) 		£1,798 pcm
(1) 		-
Flats £546 pcm
(8) 		£833 pcm
(8) 		- - -
All £552 pcm
(9) 		£820 pcm
(10) 		£1,124 pcm
(2) 		£1,798 pcm
(1) 		-

Fun facts for CH43

Highest value in CH43
Highest value streets Zed-Index
Kingsmead Road North £531,871
Beryl Road £500,577
Vyner Road South £476,535
South Bank £469,862
West Close £447,450
Highest turnover in CH43
Highest turnover streets Turnover
Vyner Croft 100.0%
Dickens Close 60.0%
Washbrook Avenue 56.2%
Dorchester Way 53.3%
Hutchinson Close 44.0%
Arrange Viewing

For more information about this property, please contact
Northwood - Wirral, CH60 on +44 151 382 8443 * (local rate)

Contact Northwood - Wirral about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  6. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Northwood - Wirral, and do not constitute property particulars. Please contact Northwood - Wirral for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Euston Grove property for sale