- 36% BMV
This profitable investment opportunity consists of a 1 bedroom apartment, located in a popular location of Birkenhead. The flat is within a gated development with off-road parking.
This 1 bedroom flat is currently let for £385 pcm on an unfurnished basis. The property, in brief, benefits from a spacious lounge area a modern fitted kitchen, one large double bedroom and a bathroom with a white three-piece suite.
Ground rent is £200 per annum. Service charge is £895 per annum. 100 years on lease.
Our suggested plan would be to buy this property BMV and hold or refinance against GDV and either hold for yield or sell for profit.