2 Bed Apartment House For Sale Grosvenor Wharf Road, Ellesmere Port, CH65

£100,000- Apartment

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Last Updated: 22nd April 2024

Description

ABC Property Shop proudly presents this ground floor, two-bedroom apartment nestled within the esteemed Grosvenor Wharf development.



This property offers a lucrative investment opportunity, already tenanted and sold with the current tenant in place. Achieving a rental income of £725 per month, and priced at £100,000, it yields an impressive gross ROI of 8.70%.



Featuring one double and one single bedroom, a family bathroom with an over-bath shower, a fitted kitchen with integrated hob and oven, and a generously sized lounge, this apartment offers comfortable living. Additionally, it comes with allocated parking and secure entrance facilities.



At ABC Property Shop, we have consistently let this property since 2009. The current tenancy began in July 2023 under an Assured Shorthold Tenancy (AST). Further details are available upon request.



The vendor states the service charge and ground rent combined amount to £110.09 per month. With a lease remaining term of 134 years, this property presents a compelling investment opportunity.



Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements are approximate.
Agent Details
ABC Property Shop
36 Station Road, Ellesmere Port, CH65 4BQ

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested