Cash-only, top-floor one-bed with parking — renovation opportunity for investors.
- Top-floor one-bedroom flat, 356 sq ft
- Allocated off-street parking space included
- No onward chain; vacant possession possible
- Cash buyers only; likely unmortgageable as-is
- Lease approx. 58 years remaining; extension likely needed
- Requires full modernisation throughout; dated fixtures
- Electric storage heaters; potential heating upgrade required
- Ground rent £250; additional leasehold fees possible
A compact top-floor one-bedroom flat in a sought-after Prenton location, offered with allocated parking and no onward chain. The building is solid and the flat’s layout provides a straightforward refurbishment project suitable for a buy-to-let or value-add flip. Council tax is low and the area is generally affluent, helping rental appeal.
Buyers must be aware this is a cash-only sale. The lease has approximately 58 years remaining, which may prevent mortgage lending and will restrict resale options without lease extension. The flat requires full modernisation throughout: dated finishes, worn carpets, and electric storage heating mean immediate investment will be needed to bring the property up to standard.
For an investor prepared to work from a cash position, the property offers clear potential to add value through renovations and redecoration. Factor in ground rent and potential lease-extension costs when calculating returns. Early viewing recommended to assess scope and costs before purchase.
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