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One-bedroom third-floor apartment, let investment

New Brighton, CH45 - Get Access

1 bed 1 bath

Description

One-bedroom third-floor apartment situated within a substantial four-storey property, benefitting from double glazing, central heating, a secure intercom system, and communal parking. The property is currently let, producing a rental income of £7,200 per annum with potential to increase to market rent value. The vendor has advised that a new boiler was fitted in 2026. The apartment is located off Albion Street, which in turn is off Atherton Street in a popular and sought-after area, within walking distance of the promenade and beach, and close to transport links with direct routes to Liverpool City Centre. The accommodation comprises a main entrance hallway on the ground floor, and on the third floor, a hall, lounge, kitchen, bedroom, and bathroom/WC. Leasehold property with 125 years from 1st June 2008 and no ground rent. EPC rating E. Council Tax Band A.
Comparable sales
Flat 3, 22, Montpellier Crescent, CH45 9AB 0.0 mi
Flat • Mid-Terrace 2 rooms EPC C (2019)
474 sq ft
£40,000
1 year ago
Flat 3, 22, Montpellier Crescent, CH45 9AB 0.0 mi
Flat • Mid-Terrace 2 rooms EPC C (2019)
474 sq ft
£40,000
1 year ago
109, Albion Street, CH45 9JQ 0.0 mi
House • Semi-Detached 7 rooms EPC E (2015)
1,399 sq ft
£155,000
1 year ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 495 sq ft (EPC)

This one-bedroom third-floor flat in a Victorian-era conversion building in Wallasey was valued by examining local market benchmarks for similar conversion apartments. The evaluation accounts for the internal floor area of 495 sq ft and incorporates an observation of dated kitchen and bathroom finishes requiring modernisation.

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