1-11, Dawpool Drive, Bromborough, Wirral, CH62 6DE

Residential Investment for sale

We have a brilliant opportunity to purchase a very generous investment block. This investment consists of 8 x 1 & 2 bed flats and 7 commercial units and garage/workshops to the rear. Also benefitting from rear residential parking.
The current annual yield for this block is £74,511.96 but it has the potential to achieve approx £90,000-£95,000 per annum when all units are occupied.
Located in Bromborough, Wirral in a highly respected residential/commercial area, this block has always been in high demand and you will never have any issues letting the properties that are included.

Residential:
69 Acre Lane- Spacious 2 bedroom flat approx 80 sq.m. Recently fully refurbished and will generate around £7200 per annum. This flat is currently unoccupied as the refurbishment is just being finished.
1 Dawpool Drive- Large 1 bedroom flat, refurbished in 2013 and generates £5400 per annum.
3 Dawpool Drive- Large 1 bedroom flat, refurbished in 2019, generating £6000 per annum.
5 Dawpool Drive- 2 bedroom flat with private balcony, fully refurbished in 2015, generating £6900 per annum.
7A Flat 1 Dawpool Drive – 1 bedroom flat, refurbished in 2015 generating £6000 per annum.
7A Flat 2 Dawpool Drive- One bedroom flat, refurbished in 2016 generating £5400 per annum.
9A Flat 1 Dawpool Drive- one bedroom flat, refurbished in 2014, generating £5400 per annum.
9A Flat 2 Dawpool Drive- Two bedroom flat, generating £4650 per annum.

Commercial
1 Dawpool Drive- Large unit approx 125 SQ. M. The unit has had previous planning to be converted into two flats (1 x 1 bedroom and 1 x 2 bedroom) This unit could be split into two commercial units or kept as one large unit. This unit is currently unoccupied awaiting development.
3 Dawpool Drive – Unit is approx 27.5 SQ.M and is currently let out as a “Takeaway Pizza” business. Lease start date was 03/03/03 for 20 years, generating £5200 per annum.
5 Dawpool – Unit is approx 29.3 SQ.M. Currently occupied as a hairdressers. There is a new 7 years lease from 01/07/20 generating £5400 per annum. There is a break clause with a 3 month notice period at the end of the third anniversary.
7 Dawpool Drive- Unit is approx 63.5 SQ.M. Currently a convenience store trading as Premier. There is a 21 year lease in place from 16/04/09, generating £7800 per annum.
9 Dawpool Drive- Unit is approx 54.5 SQ.M. currently let as a sunbed shop and nail bar. There is a 5year lease from 01/07/20 with a three month written notice period after the third anniversary, generating £7200 per annum.
9B Dawpool Drive – Unit is approx 25.6 SQ.M, currently trading as an eyebrow studio and make-up bar. There is a 5 year lease from 01/07/20 generating £3600 per annum. There is a here month notice period after the third anniversary.
11 Dawpool Drive- Small office unit let out on a 999 year lease with annual income of £25 per annum.
Rear Garage Workshop- Current tenant has been in place for over 30 years. There is no lease in place ad current rent is £5616 per annum. The unit is approx 69.9 Sq.M. There has been previous planning on this part of the site for 4 x 1 bedroom flats. As the unit is broken down into two units I would easily achieve a higher rent of around £10,000 per annum.
There is a small vacant garage/workshop which is currently used as storage but if this was refurbished would achieve a minimum of £2400 per annum.

  • 8 X 1 & 2 BEDROOM FLATS
  • INVESTMENT OPPORTUNITY
  • 7 COMMERCIAL UNITS AND GARAGES/WORKSHOPS
  • HUGE POTENTIAL TO EXPAND
Price: £775,000

Additional Details

  • Address: 1-11, Dawpool Drive, Bromborough, Wirral, CH62 6DE
  • Status: Available

Find Us

Request a Viewing

  • This field is for validation purposes and should be left unchanged.

Similar Properties

For Sale
Beetham Tower, 111, 302, Old Hall Street, Liverpool City Centre, Liverpool, L3 9BD
Asking price of £190,000
Bedrooms
Bathroom
For Sale
183, Hoylake Road, Moreton, Wirral, CH46 9QA
£120,000
For Sale
181, Hoylake Road, Moreton, Wirral, CH46 9QA
£150,000
For Sale
75, Argyle Street, Birkenhead, Wirral, CH41 6AB
£300,000