Long lease city-centre flat with immediate income and strong transport links.
Produces £6,900 per annum rental income
Located in central Birkenhead close to Hamilton Square station, this mid-rise apartment sits within a 62-flat development and offers immediate rental income. The property is currently let at £6,900 per annum and will be sold at public online auction, making it a straightforward purchase route for investors seeking an income-producing asset.
The flat provides approximately 61.04 sq m (657 sq ft) of accommodation on the second floor with long lease tenure remaining (circa 244 years). The building’s mixed modern and historic character and riverside proximity give potential appeal for future re-letting or resale to buyers seeking good transport links and town-centre amenities.
Important considerations: the auction particulars note the auctioneer has not inspected internally and the vendor supplied photographs and information. There are conflicting dataset notes on bedroom count and tenure in the marketing header; the legal pack should be reviewed for definitive details. The area shows high crime and significant deprivation, which may affect rental demand and capital growth, so factor in yield expectations and management costs.
This lot is aimed at pragmatic investors seeking a lettable city-centre flat with established income and long lease security. Buyers should review the tenancy paperwork, legal pack, and consider on-site inspection before bidding to confirm internal condition and clarify any discrepancies in the listing.
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