Kingsway, Wallasey, CH45 4PL

Substantial Freehold Investment, 2 Self-Contained Flats, Kingsway, Wallasey CH45

An excellent opportunity to acquire a substantial period property that has been converted into two self-contained flats, ideally positioned on Kingsway in the heart of Wallasey. Offering established rental income and generous accommodation throughout, this freehold building presents a ready-made investment with clear scope for improvement. Refurbishment and cosmetic works are required throughout both flats, and the asking price reflects the condition and opportunity to add value.

The property comprises a one-bedroom ground floor flat and a three-bedroom maisonette arranged over the first and second floors. Both flats are currently tenanted, providing immediate income from completion.

Accommodation Overview

Ground Floor Flat - 1 Bedroom, 1 Bathroom

The ground floor apartment offers well-proportioned accommodation including a spacious lounge with high ceilings, a double bedroom, bathroom and fitted kitchen with access out to the rear garden.

Externally, there is a good-sized rear garden incorporating patio, raised decking and lawned areas, consistent with neighbouring properties in the area and attractive to long-term tenants.

The property is currently achieving £470 per calendar month with notice given to increase to £525, with the current tenant in occupation for almost 10 years.

First & Second Floor Maisonette - 3 Bedrooms, 1 Bathroom

The upper flat is arranged over two floors.

First Floor - Living room, kitchen, bathroom and two bedrooms Second Floor - One further bedroom

The property is currently achieving £825 per calendar month.

For Investors

Freehold building  Two self-contained flats  Current combined rental income: £1,295 per calendar month (£15,540 per annum)  Long-standing tenants in situ  Price reflects condition and scope for improvement

The property offers clear potential to enhance rental income and capital value following a programme of works. With continued demand for rental accommodation in the Liscard and Wallasey area, this presents a practical opportunity for investors seeking both income and long-term growth.

Local Amenities

Kingsway is located within the popular Liscard area of Wallasey, offering a wide range of amenities including shopping facilities, supermarkets, cafés, green spaces and local services. A variety of primary and secondary schools serve the area, along with nearby GP surgeries and pharmacies.

Transport Links

Convenient access to the A554 and Kingsway Tunnel providing direct links to Liverpool Regular bus services along Kingsway New Brighton and Wallasey Village train stations offering Merseyrail connections Approximately 20 minutes to Liverpool city centre

General Information

Address: 21 Kingsway, Wallasey, CH45 4PL Tenure: Freehold Council Tax: Band A (per flat, subject to confirmation) Local Authority: Wirral EPC (21a Kingsway): Current D (60) Potential C (79) Total Floor Area (21a): Approx. 80 m²

A substantial freehold investment with immediate income and clear potential to refurbish and reposition. Early viewing is recommended to appreciate the size and opportunity on offer.