Hewitt Adams Ltd says ..

Property Oracle says ..

This two-bedroom flat in Heswall, Wirral is being marketed as an investment property with a tenant in situ, generating £700 per month in rental income. The property is located on Pensby Road, offering convenient access to local shops, schools, and transport connections. Heswall itself is a sought-after area known for its family-friendly atmosphere and good amenities.

The photos reveal a flat that is reasonably maintained, however the decor and furnishings are somewhat dated and could benefit from updating to enhance its appeal. The apartment benefits from a good-sized living area and what appears to be a functional kitchen and bathroom. The lack of outdoor space is a noteworthy drawback, typical for flats.

The provided data doesn’t offer a precise price per square foot comparison for the property; however, comparable nearby properties suggest the listing price is in line with or slightly below market value given the presence of a tenant. This should be a significant factor in the pricing, as it provides immediate rental income. Potential buyers should factor in any necessary updates and maintenance costs.

Overall, this property presents a viable investment opportunity due to its location, rental income, and relatively competitive pricing. However, prospective buyers should consider the lack of outdoor space and the need for potential future renovations before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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