Two-bedroom ground-floor flat with long lease and rental income potential, sold with no onward chain.
Ground-floor two-bedroom apartment with large lounge/diner
Very large bedrooms with skylights and natural light
Long lease — approximately 232 years remaining
Can be sold with tenant in situ; current rent £650 pcm
Council tax band A — very low council tax
Medium flood risk; area classified as very deprived
Very high local crime rate — important safety consideration
Ground rent £100 per year; some refurbishment likely needed
A spacious two-bedroom, ground-floor apartment on Mersey Road offered with no onward chain. The property has a large lounge/diner, very large bedrooms with skylights and a long lease (232 years) — appealing for first-time buyers seeking space or investors wanting immediate rental income.
The flat sits in a densely populated, city/major town setting close to shops, cafes, greenspace, canal frontage and public transport links. It can be sold with the current tenant in situ, producing £650 pcm, so it suits buyers looking for an income or to occupy after any works. Council tax band A keeps ongoing costs low.
Buyers should note material drawbacks: the surrounding area is very deprived with a very high crime rate, and the property has a medium flood risk. The building dates from c.1900–1929 and shows signs it will need updating or renovation in places. Ground rent is £100 per year and the tenure is leasehold.
Overall this is a value-focused purchase: long lease and rental history are positives, while high local crime, deprivation and flood risk are significant factors. Suitable for first-time buyers prepared to refurbish or investors seeking an affordable, let-ready asset.
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