14 Bedroom Apartment Complex,
Offers In Region Of £1,350,000
14 9 2
- Age: 1980s to 1990s
- Floor area: 0.00sq ft
- Investment opportunity
- Estimated rental income: £8205.00
- With the balance of a 999 year lease
- Total Income £98,460
- Circa 7% ROI
- Sprinkler System
- Secure Electric Gated Car Park
- Electric Vehicle Charging
Lower Mersey Street, Ellesmere Port, CH65
An opportunity to acquire this unique complex with the balance of a 999 year lease and comprising 3 buildings delivering a pre-packaged investment with immediate returns of circa 7%, or 17% with commercial borrowing subject to deposit and available interest rates.
OVERVIEW An opportunity to acquire this unique complex with the balance of a 999 year lease and comprising 3 buildings delivering a pre-packaged investment with immediate returns of circa 7%, or 17% with commercial borrowing subject to deposit and available interest rates.
The central section has been fully refurbished and retained by the developer with 9 apartments and 3 offices, with 2 of the 3 having been combined for 1 commercial tenant. Both the left and right entrances contain 3 x privately owned apartments which each pay £110 PCM service charges to the Freeholder.
This residential building has been finished to a very high-standard with modern fixtures and fittings throughout. This contemporary complex is approached via a quiet street, with secure gated parking offering an allocated space for each of the residential units. They benefit from Georgian style picture frame windows, integrated appliances and use of a communal lift and bike store.
Portside House is currently fully managed by our award-winning lettings and management team as an on-going hands-off investment.
ELLESMERE PORT & THE AMENITIES Ellesmere Port is home to Cheshire Oaks, the largest discount shopping village of its type in the country and the adjacent Coliseum Leisure Park. Ellesmere Port offers a wide range of primary and secondary schools and also South & West Cheshire College with the opportunity to study wide and far. The heart of the Port known for excellent neighbouring areas like Chester and the Wirral, and convenient travel connections.
GIVING YOU THE BEST CHANCE OF SELLING Need to sell? Would you really like to increase your opportunity of selling and get the best price in this strong market? With 2 offices, most likely the largest audience to target, and the know how to maximise your exposure on the portals, To find out why we might be the Estate Agent for you, call us now. Evening appointments available.
VIEWINGS Viewing is strictly by appointment only through Thomas Property Group.
FLOORPLAN These plans are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. Dimensions are approximate. NOT TO SCALE.
AML ANTI - MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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