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£55,000

1 bed flat for sale
Canning Street, Birkenhead CH41

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Unfurnished
  • Leasehold

10Homes

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About this property

    1-Bedroom Apartment with Strong Investment Potential in Central Birkenhead



    This well-presented 1-bedroom, 1-bathroom leasehold apartment offers 441 sq ft of internal living space in a highly accessible location within central Birkenhead. Internally, the property benefits from a modern kitchen and bathroom, providing a comfortable living environment ideal for tenants or owner-occupiers alike. Priced competitively at £55,000 and currently yielding £550 pcm, it represents an appealing opportunity for cash buyers seeking strong returns.

    For Investors

    With a gross yield of approximately 12% based on the estimated rental income of £550 pcm, this property is especially suited to investors looking to secure high returns in an established rental area. The apartment's central location, ease of access to transport, and local amenities make it a dependable addition to any portfolio. The nearby Wirral Waters regeneration project could further enhance the area's investment potential in years to come.

    Local Amenities



    Education:

    - The Priory Parish CE Primary School – Ofsted-rated 'Good' (0.5 miles)

    - Birkenhead High School Academy – Ofsted-rated 'Outstanding' (1 mile)

    Healthcare:

    - Hamilton Medical Centre – 0.3 miles

    - Birkenhead Medical Building – 0.6 miles

    Recreation:

    - Hamilton Square – Historic public park within walking distance

    - Wirral Transport Museum – 0.4 miles away

    Transport Links



    - **Train:** Hamilton Square Station – 0.2 miles (Merseyrail to Liverpool, Chester)

    - **Bus:** Routes 409 and 411 nearby for local and city connections

    - **Road:** 0.3 miles to Queensway Tunnel for quick access to Liverpool

    - **Ferry:** Woodside Ferry Terminal – 0.5 miles for cross-river services

    Property Details



    - EPC Rating: C (79)

    - Council Tax Band: A

    - Tenure: Leasehold

    - Internal Floor Area: 441 sq ft

    - Service Charge: £1514.38 Per Annum (Jul–Dec 2024)

    - Ground Rent: £250 per annum

    - Estimated Rental Value: £550 pcm

    - Mortgageability: Likely limited due to specific use considerations

    This apartment offers an attractive opportunity for cash investors seeking high-yield rental returns in a well-connected urban setting.

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    More information

    • Tenure

      Leasehold (244 years)

    • Service charge

      £1,514 per year

    • Council tax band

      A

    • Ground rent

      £250

    • Ground rent date of next review

    See all recent sales in CH41

    Property descriptions and related information displayed on this page are marketing materials provided by - 10Homes. 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 10Homes for full details and further information.