2 Bed Terraced House, Single Let, Birkenhead, CH42 0JG, £90,000

Larch Road, Birkenhead, Wirral, Merseyside, CH42 0JG - a month ago

BTL
ROI: 9%
~68 m²
+3 photos

ValuationOvervalued











Cashflows



































Property History

Listed for £90,000

December 9, 2024

Sold for £24,500

1996

Floor Plans

Description

  • Investment Property With Tenant In Situ +
  • Net Yield Of 8.3% +
  • Annual Rental Income Of £7,500 +
  • Current Tenant Has Been In Situ Over 12 Months +
  • 2 Double Bedrooms & 1 Bathrooms +
  • Ideal Investment Property +

Pure Investor brings to the market this beautifully refurbished 2-bedroom mid-terraced property located in the popular area of CH42 0LG. This charming property offers a perfect opportunity for a landlord/investor to purchase a high-achieving yield property below £100,000.

As you step inside, you'll find a carpeted front living room with a bay window to the front, there is also a large dining room to the rear which is also carpeted and leads to the kitchen. The fully fitted kitchen has been recently updated to include all the modern appliances throughout.

Upstairs, you'll find two generously sized bedrooms which have both been decorated and carpeted recently. The contemporary family bathroom is also located on this level, featuring sleek and modern fixtures and fittings that are sure to impress.

The current rental income for this property is £625.00 per calendar month, making it an ideal investment opportunity for anyone looking to enter the buy-to-let market.

The asking price for this charming property is £90,000, making it an affordable option for first-time buyers or investors alike. Located in a prime location, this property is just a stone's throw away from local amenities, public transport links, and green spaces.

INVESTMENT INFORMATION
Full address - 29 Larch Road CH42 0LG
Purchase price - £90,000.00
Current rental income - £625.00 per calendar month
Annual rental income - £7,500.00 per annum
Tenure - Freehold
Yield - 8.3%
Property type - 2-bed mid terrace
Current tenant situation - The current tenant is on a fixed-term contract.
Letting agent name - Portfolio8
Letting agent charges - 10% + VAT monthly management

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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