Property photos
£3,000,000
(£111,111.11/sq. ft)
Block of flats for sale
Thorburn Road, Wirral CH6227,233 sq. ft
Local area information
Property location
Nearby amenities
- Grove Street Primary School 0.4 miles
- St Anne's Catholic Primary School 0.5 miles
- Rock Ferry 0.7 miles
- Bebington 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Wirral to find out more about the local area.
Features and description
- Multi-Tenanted Block of 41 Apartments on One Title
- Generating Annual Rental Income of £275,520
- Current Rental Yield of 9.2%
- Approx. Gia Total Floor Area 27,233 Sq. Ft. (2,530 Sq. M.)
- Freehold
- Asset Management Potential to Increase Letting Spaces
- Close to Amenities & Transport Links
- Popular Residential Location
Description:
This is a rare investment opportunity to acquire a block of forty-one apartments on one title with a gross internal area of 27,233 sq. Ft (2,530 sq. M.). Fully occupied, the apartments generate rental income of £275,520 per annum, producing an annual rental yield of 9.2%. Also, there is potential to create additional letting space for a 1x three-bedroom & 1x two-bedroom apartment in the void areas.
Thorburn Court is a multi-tenanted block of 41 apartments in a quiet neighbourhood. It has beautiful views of river Mersey and is close to the Birkenhead shopping centre. There are also excellent transport links and amenities nearby. In addition, there is a significant demand for various care providers throughout Wirral for this type of housing.
The premises have recently been refurbished to a high standard, and each apartment has the benefit of being separately metered for its electricity supply.
Asset Management Potential
There is potential to create additional letting space for a 1x three-bedroom & 1x two-bedroom apartment in the void areas.
Tenure: Freehold.
Purchase Price: Offers in excess of £3,000,000.
Services: All mains services available to the property. Electricity, part gas, water and drainage.
Legal Fees: The purchaser will be responsible for the vendors legal expenses, please call to discuss.
Anti-Money Laundering:
In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
Viewing: Please contact sole agents Portfolio Properties.
This is a rare investment opportunity to acquire a block of forty-one apartments on one title with a gross internal area of 27,233 sq. Ft (2,530 sq. M.). Fully occupied, the apartments generate rental income of £275,520 per annum, producing an annual rental yield of 9.2%. Also, there is potential to create additional letting space for a 1x three-bedroom & 1x two-bedroom apartment in the void areas.
Thorburn Court is a multi-tenanted block of 41 apartments in a quiet neighbourhood. It has beautiful views of river Mersey and is close to the Birkenhead shopping centre. There are also excellent transport links and amenities nearby. In addition, there is a significant demand for various care providers throughout Wirral for this type of housing.
The premises have recently been refurbished to a high standard, and each apartment has the benefit of being separately metered for its electricity supply.
Asset Management Potential
There is potential to create additional letting space for a 1x three-bedroom & 1x two-bedroom apartment in the void areas.
Tenure: Freehold.
Purchase Price: Offers in excess of £3,000,000.
Services: All mains services available to the property. Electricity, part gas, water and drainage.
Legal Fees: The purchaser will be responsible for the vendors legal expenses, please call to discuss.
Anti-Money Laundering:
In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
Viewing: Please contact sole agents Portfolio Properties.
Floor plans and tours
Floor plans (2)
More information
Listed by
Portfolio Properties
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Property descriptions and related information displayed on this page are marketing materials provided by - Portfolio Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Portfolio Properties for full details and further information.