Compact two-bedroom ground-floor flat with garage, tenant in situ and no onward chain..
- Ground-floor two-bedroom apartment with private entrance
- Currently tenanted; sold as a buy-to-let investment
- Compact footprint ~549 sq ft; rooms modest in scale
- Garage plus communal gardens and off-street parking
- Double glazing and mains gas central heating in place
- Leasehold tenure — check lease length and service charges
- Requires cosmetic updating to maximise rental/resale value
- Very low local crime, excellent transport links, affluent area
This ground-floor two-bedroom apartment in Formby is presented as a tenant-occupied buy-to-let with no onward chain, making it a straightforward acquisition for an investor seeking rental income. Set within a semi-detached/block conversion from the late 1970s–early 1980s, the property benefits from its own private entrance, a garage, communal gardens and off-street parking — practical assets that support easy management and tenant appeal.
Accommodation is compact (approximately 549 sq ft) with a front living room, fitted kitchen, two small bedrooms and a bathroom with a shower-over-bath. The flat has double glazing (installed post-2002), mains gas central heating and cavity walls with partial insulation — functional basics that reduce immediate major capital expenditure, though cosmetic updating is likely required to maximise rental or resale value.
Key positives include excellent local transport links, short walking distance to Formby village amenities and train station, very low local crime and a very affluent area profile, all of which support rental demand and stable capital performance. Material considerations: the property is leasehold, currently tenanted (sold as an investment), small in size and will benefit from cosmetic refurbishment to improve returns.
Suitable buyers are landlords expanding a portfolio or investors seeking a low-management ground-floor tenancy in a desirable suburb. First-time buyers seeking a primary residence should note the leasehold status and compact footprint; viewing and title checks are recommended to confirm lease details and service charges.
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