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Th E W Ir R Al RESIDENTIAL INVESTMENT OPPORTUNITY WIMBRICK COURT MORETON THE WIRRAL, CH46 9SF INVESTMENT OPPORTUNITY COMPRISING 11 SELF-CONTAINED FLATS AND 9 HOUSES THE WIRRAL RESIDENTIAL INVESTMENT OPPORTUNITY INVESTMENT OPPORTUNITY COMPRISING THE WIRRAL WIMBRICK COURT, MORETON, THE WIRRAL, CH46 9SF 11 SELF-CONTAINED FLATS AND 9 HOUSES INVESTMENT CONSIDERATIONS • Freehold • 3 x 2 bed apartments • Current Rent Reserved: £114,816 per annum • Comprising 20 units, arranged as follows: • 5 x 1 bed apartments • Estimated Rental Value (ERV): £124,356 per annum • 9 x 2 bed houses • Located in Moreton, The Wirral, 7.5 miles from • Gross yield: 9.21% (based on ERV) • 3 x 3 bed apartments Liverpool city centre RESIDENTIAL INVESTMENT OPPORTUNITY INVESTMENT OPPORTUNITY COMPRISING THE WIRRAL WIMBRICK COURT, MORETON, THE WIRRAL, CH46 9SF 11 SELF-CONTAINED FLATS AND 9 HOUSES LOCATION CONNECTIVITY The property is located in Moreton, a small coastal town located in The billion of spending being planned, focusing on: infrastructure and logistics, The property is located on Wimbrick Hay, to Wirral. Moreton is well situated within the Merseyside County, being 4 miles the Liverpool Waters Project, and the science industry. Liverpool is a popular the east of the town centre, 1.3 miles from east of Birkenhead, 7 miles east of Liverpool and 41 miles east of Manchester. tourist destination, with approximately 64 million visiting the city in 2017, mainly the train station. Surrounding the property Moreton Train Station provides routes to Birkenhead (15 minutes) and due to the recently opened Shakespeare North Playhouse and Liverpool One is mainly residential uses, but there are Liverpool Lime Street (22 minutes). From Liverpool, there are regular links to shopping centre. shops and restaurants located on Hoylake Leeds, Manchester and Birmingham. As well as a route to London Euston Birkenhead town centre is 4 miles from the property, the town is a part of the Road to the north, including a large Aldi taking 2 hours 15 minutes. The town is also well connected via road, both £4.5 billion Wirral Waters project, which is aiming to repurpose and improve supermarket. the M62 and M6 motorways are easily accessible from the town, providing disused docklands in the Wirral and boost the local economy. Wimbrick countrywide road access. Court itself is located in Moreton, which is predominantly a commuter town TENURE Liverpool city centre is 7.5 miles from Wimbrick Court and is one of the for nearby Birkenhead and Liverpool but is also home to large food and drink largest regional economies in the UK, which is continuing to grow through manufacturers, employing a significant amount of the population. The town Freehold. the service sector. The city is seeing increasing investment too, with £16 centre has a mix of shops, restaurants and bars, including high street names. © Crown Copyright, ES 100004106. For identification purposes only. RESIDENTIAL INVESTMENT OPPORTUNITY INVESTMENT OPPORTUNITY COMPRISING THE WIRRAL WIMBRICK COURT, MORETON, THE WIRRAL, CH46 9SF 11 SELF-CONTAINED FLATS AND 9 HOUSES DESCRIPTION Internally, we understand that flats and houses are in tenantable ESTIMATED RENTAL VALUE order, with modern fitted kitchens and white bathroom suites. Wimbrick Court comprises 20 brick-built properties, arranged over Heating is via electric storage heaters and flats benefit from UPVC If fully let we are of the opinion the Estimated Rental Value for the ground and first floors in the most part, beneath pitched tiled roofs. double glazed windows. There is no gas within the properties. property is £124,356 per annum. The 20 units provide the following accommodation; There is ample onsite parking for all flats and houses. • 9 x 2 bed houses ENERGY PERFORMANCE CERTIFICATES • 3 x 3 bed apartments TENANCIES AND CURRENT RENT RESERVED EPCs can be viewed/downloaded from the data room. Current EPC • 3 x 2 bed apartments ratings are as follows: Currently, 19 out of the 20 units are let subject to Assured Shorthold • 5 x 1 bed apartments Tenancies, producing an income of £114,816 per annum. C x 10, D x 9, E x 1 AML A successful bidder will be required to provide information to satisfy the AML requirements when Head of Terms are agreed. VIEWING INFORMATION We will be undertaking viewings during the course of marketing. If you wish to internally inspect, please register your interest with the office. FURTHER INFORMATION The following documents are available within the download section of the website: www.wimbrickcourt.com • Detailed Accommodation and Tenancy Schedule • Sample AST • Energy Performance Certificates PROPOSAL THE WIRRAL Offers in excess of£1,325,000 are invited for the Freehold interest, subject to all existing tenancies, subject to contract. For further information or to arrange inspection, please contact: Jack Robson James Wilson William Shoebotham 07899 895262 07825 205 489 07747 720 863 [email protected] [email protected] [email protected] allsop.co.uk Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Design CommandD www.commandHQ.co.uk 05.20.
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