Summary - 128 FLAT 1 RAKE LANE WALLASEY CH45 5DL
2 bed 1 bath Flat
Affordable two-bed buy-to-let with tenant in situ, centrally located in Wallasey..
Two double bedrooms, 726 sq ft overall
Large open-plan kitchen / dining / living room
Sold with long-term tenant in situ — immediate rental income
Central Wallasey location, near shops and transport links
Leasehold — term and ground rent to be confirmed
Solid brick construction; likely no wall insulation, higher running costs
Requires cosmetic updating/refurbishment to maximise yield
Service charge reported below average
This first-floor two-bedroom flat is presented as a clear buy-to-let opportunity in central Wallasey. At around 726 sq ft the apartment offers a large open-plan kitchen/dining/living room plus two double bedrooms — a layout that lets a landlord attract sharers or a small family tenant. The property is currently let long-term and is sold with tenant in situ, offering immediate rental income.
The building is a traditional red-brick Victorian mixed-use terrace with solid brick walls and period character. Heating is mains gas via a boiler and radiators. The flat is centrally located with fast broadband and excellent mobile signal, close to shops, bus stops and transport links, and near a range of primary and secondary schools rated Good.
Material points to note: the property is leasehold (term/details TBC) and the walls are assumed to be solid brick with no cavity insulation, so energy performance and running costs may be higher than modern stock. Internal photos and descriptions suggest some rooms are compact and the apartment will benefit from cosmetic updating or targeted refurbishment to maximise rental value.
Offered at an affordable price point for the area, this flat suits investors seeking an income-producing addition to a portfolio or a landlord looking for a tenant-in-situ purchase. Buyers should verify lease length, service charge and any landlord obligations before exchange.
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