1 bed flat for sale

Hornby Court, Wirral, Merseyside CH62

For sale with tenant in situ, this well-presented one-bedroom ground floor flat represents an excellent buy-to-let investment opportunity in a popular and well-established residential area of Bromborough.

The property is currently let, generating a rental income of £495 per calendar month (£5,940 per annum), providing immediate income from completion. The flat is well maintained throughout, meaning ongoing costs are expected to be minimal in the short to medium term.

Further enhancing the investment appeal is the separate garage, which has previously been let for £50 per calendar month (£600 per annum), offering clear potential to increase overall rental income.

Income Summary
• Flat rent: £495 pcm / £5,940 pa
• Garage income potential: £50 pcm / £600 pa
• Total potential income: £545 pcm / £6,540 pa
• Service charge: £70 pcm (£840 pa)
• Net income (after service charge): £5,700 pa

Based on the asking price, the property offers an approximate gross yield of 8.7% and an adjusted net yield of circa 7.6% after service charge deductions.

Occupying a ground floor position, the property appeals to a broad tenant base including professionals and downsizers, supporting strong rental demand. Bromborough continues to perform well as a rental location due to excellent transport links, local amenities, and proximity to major employment centres.

An ideal addition to an existing portfolio or a straightforward first-time investment, with income in place from day one.

Tenure: Leasehold
Council Tax Band: A