Summary - Laird Street, Birkenhead, CH41 CH41 0AA
4 bed 2 bath Block of Apartments
Immediate rental income with refurbishment upside for hands-on investors.
Freehold two-flat block on Laird Street, tenants in situ producing £25,176 pa gross income|Victorian red-brick building with paved front, apparent good exterior maintenance|Four bedrooms, two bathrooms across two flats; simple layouts suit rental market|No flood risk; excellent mobile signal and fast broadband connectivity|Area is very deprived with very high crime — higher management risk|Buyers Premium will apply on purchase; check Let Property Pack for tenancy details|Internal rooms noted as small with standard ceilings; consider refurbishment potential|Nearby schools mixed; some rated Requires Improvement — factor local demand
A freehold block comprising two self-contained flats on Laird Street, currently let and producing a reported gross annual income of £25,176. The building is a well-maintained Victorian red-brick semi with joining gables and a paved front area that may provide limited parking. Tenants are in situ, so the purchase offers immediate rental income for a buyer prioritising yield or portfolio growth.
This is aimed squarely at investors and developers: straightforward accommodation (four bedrooms across two flats, two bathrooms, lounge and kitchen) with strong connectivity — excellent mobile signal and fast broadband in a major conurbation location. The property appears to be in sound decorative order internally (modern, minimalist finishes and laminate flooring in smaller rooms) and carries no identified flood risk.
Buyers should be clear about local market realities. The immediate area is described as very deprived with very high crime levels, which will affect tenant profiles, management requirements and long-term capital-growth prospects. Some nearby schools have mixed Ofsted outcomes. A buyer should allow for higher management, void and repair contingencies and factor any necessary refurbishments or safety checks (electrical, gas, fire-safety) into running costs.
Practical next steps for an investor are straightforward: review the Let Property Pack for tenancy details, income and expenditure, and confirm the planned Buyers Premium and any legal or compliance matters. For a hands-on investor or a developer able to reposition stock, the block offers immediate yield with scope for rental optimisation or refurbishment-led improvement, balanced against local area challenges.
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