Immediate-income leasehold flat with stable tenancy and communal garden near local amenities.
Long-term tenants in situ producing £6,300 pa income
A one-bedroom leasehold flat in Worcester Court, offered with long-term tenants in place and producing a current annual gross income of £6,300 (around a 10.2% gross yield at the current asking price). The apartment occupies 517 sq ft and sits within a mid-20th century block with a communal entrance and rear shared garden. Internal accommodation comprises lounge, kitchen, bedroom and three-piece bathroom.
This property suits investors seeking an immediate income stream and a low-management entry into Bootle’s rental market. The tenant has occupied the flat for several years and intends to remain, providing continuity of income. On-street parking and a modest communal garden add practical appeal for renters.
Buyers should note material considerations: the tenure is leasehold and the area records high crime and very high deprivation indices, which can affect re-letting and long-term capital growth. A buyer’s premium will apply to secure the purchase. Prospective purchasers are advised to review the Let Property Pack and tenancy paperwork before exchange.
For an investor prepared to accept local market challenges, this property offers an immediate cash return and straightforward portfolio expansion potential. Developers and investors may also be interested given the block setting and central location within Bootle.
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