This substantial detached property is set in the Egerton Park Conservation Area and has been tastefully converted and refurbished to provide 13 self contained one bedroomed apartments each with their own living room/kitchen, bedroom, and en-suite shower room. There is a gas fired central heating system together with entry phone system, the proeprty being set in large gardens with a modern annexe. Each apartment has their own electricity meters and in addition to the 13 units there is also a staff flat. This investment produces an extremely attractive yield based on the gross rents which include a figure for gas and electricity.

Details

Auction Date 14th May 2025
Lot Number 22
Guide Price £650,000 to £700,000
Status Available
Lot Type Residential Investment
Address 54/56 Egerton Park, Birkenhead, CH42 4QZ view on map
Tenure Freehold
Tenancies Each flat is let on an assured shorthold agreement producing a total rental income of £90,632 per annum.
Viewing By arrangement with the auctioneers.

Location

Accommodation

Accommodation There are 13 self contained units as described above, together with a boiler room.
Externally There are large front, side and rear gardens with hardstanding to the front for parking and a store to the rear garden.

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