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Elm Grove, Tranmere, CH42

£300,000

Business rates & charges may apply

Property Centre, Wallasey
SIZE

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SECTOR

Commercial property for sale

Key features

  • Cash offers only
  • Investment Opportunity
  • Imposing & Substantial property
  • Converted into 8 apartments
  • Providing attractive 15% yield
  • 3 x 1 bed flats
  • 5 studios
  • great location corner Elm Grove/Derby Road
  • Close to St. Catherine's hospital
  • Hardstanding for parking

Description

** We understand that there is no planning permisson for the 5 studios **
Fabulous opportunity to purchase this imposing and substantial property which has been refurbished and converted into 8 apartments, providing a very attractive yield of over 15%

All flats benefit from central heating and double glazing, an entry intercom system and hard standing for parking.

The accommodation is on four levels, and is laid out as three 1 bedrooms flats, and 5 studios.

Each flat is let on an AST at a combined rental income of £41,692 pa.

Enjoying a great location on the corner of Elm Grove and Derby Road, within easy reach of St. Catherine's Hospital, public transport, shops and schools.

COMPRISING:

Lower Ground Floor: Flat 1 with it's own entrance, Lounge, Kitchen, Bedroom and Bathroom.
Ground Floor: Flat 2 with it's own entrance and rear garden, open plan lounge/kitchen, bedroom and shower room.
Flat 3 with lounge/bedroom, kitchen and shower room.
Flat 4: with lounge/bedroom, kitchen and shower room.
First Floor: Flat 5: with lounge/bedroom, kitchen and shower room.
Flat 6: with lounge/bedroom, kitchen, and shower room.
Flat 7: with lounge/bedroom, kitchen and shower room.
Second Floor: Flat 8: with lounge, kitchen, bedroom and shower room.
Outside: Communal rear garden and hardstanding for parking.

Elm Grove, Tranmere, CH42

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Birkenhead Central Station0.4 miles
  • Green Lane Station0.5 miles
  • Conway Park Station0.6 miles

About Property Centre, Wallasey

90-92 Wallasey Road, Wallasey, CH44

Notes

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