Two-bedroom flat with tenant and long lease, ready for renovation.
Two large bedrooms and open-plan kitchen-living area
A two-bedroom ground-floor apartment offered with no onward chain and a long lease (232 years). The property includes an open-plan kitchen/living area, two large bedrooms and a family bathroom across approximately 689 sq ft. It currently has a tenant on a rolling AST producing £700pcm, making it immediately income-producing for a buyer looking for rental return.
The building dates from c.1900–1929 with solid brick walls and older double glazing. The flat will benefit from modernization and some remedial work: fittings and finishes are dated and rooms need updating. There is no garden or garage and the layout is characteristic of a mid-terrace conversion, so refurbishment will be required to maximise capital growth and rental value.
Location offers convenience: walking distance to local amenities, transport links and the River Mersey. Practical running costs are modest — mains gas central heating, very low council tax (Band A) and a small ground rent (£15). However, the area records very high crime levels and is classed as very deprived, and the property sits in a medium flood-risk zone, both material considerations for owners and lenders.
This flat suits an investor seeking an affordable, letting-ready asset with upside from renovation, or a buyer willing to modernize for owner-occupation. Buyers should factor in improvement costs and consider the local social and environmental risks before proceeding.
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