3 bedroom flat for sale

>

3 bedroom flat for sale

Dock Road, Birkenhead, Wirral, Merseyside, CH41
£229,000

Price History

Initial price £305,000
22/08/24 £300,000
29/08/24 £330,000
07/09/24 £325,000
14/09/24 £310,000
21/09/24 £305,000
27/09/24 £300,000
03/10/24 £330,000
10/10/24 £325,000
16/10/24 £320,000
24/10/24 £310,000
30/10/24 £305,000
06/11/24 £300,000
13/11/24 £295,000
20/11/24 £290,000
12/03/25 £250,000
19/03/25 £245,000
25/03/25 £241,000
02/04/25 £237,000
08/04/25 £233,000
15/04/25 £229,000
Price Change -24.92%

Description

This 3-bedroom flat in Birkenhead offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features three spacious bedrooms, a bathroom, modern lounge, kitchen, and balcony, providing a comfortable living space. Currently, the property produces an annual gross income of £13,200, but with some tweaks, it's estimated that a new owner could increase this to a market rate of £18,000. The current tenants, who have been living in the property for several years, intend to move out before sale completion, allowing the new owner to re-let the property at a higher rate. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.