Summary - Dock Road, Birkenhead, Wirral, Merseyside, CH41 CH41 1DP
2 bed 2 bath Flat
Immediate rental income with clear upside for active investors.
Large 1,025 sq ft warehouse-conversion flat with character features
A spacious two-bedroom warehouse-conversion flat on Dock Road, offered with a long-term tenant and immediate rental income. The apartment occupies a generous 1,025 sq ft, with a modern fitted kitchen, two bathrooms and off-street parking — practical features that appeal to lettings and resale markets. The building retains industrial character with red-brick elevations and large windows, giving a distinctive city-edge appeal.
Current gross income stands at £9,300 pa with estimated market rent potential of about £16,800 pa, presenting clear upside for a hands-on investor. The tenancy is stable: occupants have lived in the property for several years and intend to remain, which reduces letting risk but means rental uplift would likely require re-letting or renegotiation in time.
Notable considerations: the property sits in a very deprived neighbourhood with above-average crime statistics, which can affect tenant demand and management costs. It is leasehold (around 140 years remaining) and a buyer’s premium will apply to the sale — factor these into purchase price calculations and exit assumptions. Overall, this is a straightforward buy-to-let lot for investors seeking immediate yield with scope to increase income at re-let.
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