High-yield opportunity near New Brighton promenade with residents parking and renovation potential.
- Two double bedrooms with generous floor area
- Large 32' open-plan living room and kitchen
- Potential 11% gross yield for investors
- Ground-floor position with communal garden access
- Residents off-street parking — uncommon for area
- Leasehold tenure and absentee freeholder present
- Requires full renovation; blank-canvas condition
- Built before 1900; solid brick, may need upkeep
A ground-floor, two-bedroom apartment offering generous rooms across about 846 sq ft — rare for the area and suited to investors or first-time buyers. The main living space is open-plan and long, ideal for flexible layouts and entertaining. Two double bedrooms and a white three-piece bathroom complete the practical accommodation.
The property is being sold as a blank canvas and needs renovation, which creates clear scope to increase value and rental income. With an advertised potential 11% yield and very cheap council tax (Band A), the flat is attractive to buy-to-let investors seeking immediate yield in a constrained-renter market.
Practical benefits include residents/off-street parking, communal gardens, double glazing and mains gas central heating. The building dates from before 1900 with solid brick walls and internal insulation — typical of period stock but may need periodic upkeep.
Notable drawbacks are its leasehold tenure and the presence of an absentee freeholder, which can affect management and service arrangements. The apartment requires renovation throughout; buyers should budget for works. The local area shows higher deprivation indices and constrained renting dynamics, so consider tenant demand and long-term plans carefully.
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