Summary - FEARNLEY HALL, 42 FLAT 11 THE WOODLANDS BIRKENHEAD CH41 2SH
1 bed 1 bath Flat
Low-price, tenant-occupied investment with immediate income potential.
Long-term tenants in situ, producing £6,000 gross annually
A compact one-bedroom flat in a Victorian Gothic building, offered with long-term tenants in place and immediate rental income. The property produces a gross annual income of £6,000 against a guide price of £55,000, making it a clear buy-to-let opportunity for investors seeking income from day one. Shared off-street parking and a small front communal garden add basic outdoor and parking convenience.
The flat is leasehold, small in overall size (approximately 323 sq ft) and arranged as lounge, kitchen, bedroom and bathroom. The current tenants have lived in the property for several years and intend to remain, providing stability but limiting immediate vacant possession options. A buyers' premium will apply on completion.
Material considerations include the building's age and evidence suggesting potential damp issues, together with the property's location in a very deprived area with very high local crime statistics. These factors will affect management, insurance and long-term maintenance budgets and may limit tenant profiles.
This is suitable for investors or developers comfortable with managing a small, income-producing flat in a challenging neighbourhood. The combination of an established tenancy and low purchase price offers entry-level capital requirements, but buyers should budget for ongoing building maintenance and leasehold costs and carry out full surveys and tenancy pack checks before purchase.
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