Summary -
Apartment 47,East Float Quay,BIRKENHEAD,CH41 1DN
CH41 1DN
2 bed 2 bath Flat
Income-producing 2-bed flat with long-term tenant in converted dockside building..
- 2 bedrooms, 2 bathrooms in converted industrial apartment
- Current gross rental income £8,400 per year
- Long-term tenant in situ — income continuity, no vacant possession
- Leasehold tenure; review lease length and service charges
- Buyers' premium payable on purchase — increases acquisition cost
- Located in CH41 with above-average crime and high deprivation
- No private garden; communal forecourt only, low external maintenance
- Characterful building with arched brickwork and high ceilings
A two-bedroom leasehold apartment in a converted red-brick warehouse on Dock Road, offered as a buy-to-let with a long-term tenant in situ. The building shows industrial character — arched brickwork and high ceilings in parts — with low-maintenance communal forecourt and no private garden. The current tenancy produces £8,400 gross per year, giving a strong-looking gross yield for investors based on the asking price.
This property suits investors seeking an income-producing addition rather than an owner-occupier home. The sitting tenants have paid reliably for several years and do not intend to vacate, which preserves rental income but limits vacant-possession options. A buyers’ premium applies to the sale — factor this into acquisition costs.
Material considerations: the flat is leasehold and located in an area with above-average crime levels and high deprivation indicators, which can affect demand and insurance costs. Internal condition and detailed room layouts are not provided here; purchasers should review the Let Property Pack and inspect the property (subject to tenancy) to confirm condition, service charges, lease length and any required maintenance or refurbishment.
For investors, the combination of a respectable current yield, tenant continuity and low external maintenance makes this a practical income asset. For developers or more active investors, the building’s character and size may present future reconfiguration opportunities, but any plans should follow confirmation of lease terms and local planning constraints.
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