Rake Lane, Wallasey, Merseyside, CH45 5DQ

About the Property

Investment Opportunity – Eight Self-Contained Flats

Flat 1 - Awaiting EPC
Flat 2 - EPC Reference : 4235-2829-4509-0904-6226
Flat 3 - EPC Reference : 0370-2877-3140-2426-3185
Flat 4 - EPC Reference : 0320-2369-5590-2226-8861
Flat 5 - EPC Reference : 4090-5732-0822-4127-3953
Flat 6 - EPC Reference : 0330-2582-0190-2996-3021
Flat 7 - EPC Reference : 0370-2789-8140-2306-0131
Flat 8 - EPC Reference : 3090-79

Current tenancy schedule:

Flat 1 – Vacant - Council Tax - A
Flat 2 – £425 pcm - Council Tax - A
Flat 3 – Vacant - Council Tax - A
Flat 4 – £550 pcm - Council Tax -
Flat 5 – £450 pcm - Council Tax - A
Flat 6 – £575 pcm - Council Tax - A
Flat 7 – Vacant - Council Tax - A
Flat 8 – £625 pcm - Council Tax - A

The block offers significant asset management potential, with the opportunity to bring the vacant units back into occupation and increase the overall rental return. Based on current rental levels within the building, the block has an estimated rental potential of approximately £50,400 per annum when fully let.

Conveniently positioned close to local amenities, transport links and employment centres, the property benefits from ongoing rental demand and represents an attractive addition to an investor's portfolio.

Key Features

Residential investment block comprising 8 flats
Current income: £31,500 per annum
Estimated fully let income: £50,400 per annum
Popular Wallasey location
Scope to enhance rental performance and increase yield