Gerald Road, Prenton CH43 8 bed block of apartments for sale

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Gerald Road, Prenton CH43 8 bed block of apartments for sale

Gerald Road, Prenton, Wirral, Merseyside, CH43
£540,000

Price History

Initial price £550,000
19/10/24 £545,000
27/10/24 £540,000
01/11/24 £535,000
08/11/24 £530,000
18/11/24 £525,000
21/11/24 £520,000
28/11/24 £515,000
05/12/24 £510,000
13/12/24 £505,000
19/12/24 £500,000
02/01/25 £495,000
09/01/25 £550,000
17/01/25 £545,000
30/01/25 £540,000
Price Change -1.82%

Description

This property portfolio in Prenton consists of five flats and one bungalow, currently generating a steady rental income of £35,640 per year. The properties are located in a town centre with close proximity to local amenities and transport links, and each features a spacious bedroom, three-piece bathroom, modern lounge, and kitchen, as well as off-road parking. The current landlord is looking to sell, and the new owner could increase the annual gross income to £45,600 by increasing the rent to market rate. With a worthwhile addition to an investor's portfolio, this is a brilliant opportunity for those looking for a rewarding investment.