Canning Street, Birkenhead

1-Bedroom Apartment with Strong Investment Potential in Central Birkenhead

This well-presented 1-bedroom, 1-bathroom leasehold apartment offers 441 sq ft of internal living space in a highly accessible location within central Birkenhead. Internally, the property benefits from a modern kitchen and bathroom, providing a comfortable living environment ideal for tenants or owner-occupiers alike. Priced competitively at OIEO £45,000 and currently yielding £550 pcm, it represents an appealing opportunity for cash buyers seeking strong returns.

For Investors
With a gross yield of more than 14% based on the estimated rental income of £550 pcm, this property is especially suited to investors looking to secure high returns in an established rental area. The apartment’s central location, ease of access to transport, and local amenities make it a dependable addition to any portfolio. The nearby Wirral Waters regeneration project could further enhance the area’s investment potential in years to come.

Local Amenities

Education:
– The Priory Parish CE Primary School – Ofsted-rated ‘Good’ (0.5 miles)
– Birkenhead High School Academy – Ofsted-rated ‘Outstanding’ (1 mile)

Healthcare:
– Hamilton Medical Centre – 0.3 miles
– Birkenhead Medical Building – 0.6 miles

Recreation:
– Hamilton Square – Historic public park within walking distance  
– Wirral Transport Museum – 0.4 miles away

Transport Links

– **Train:** Hamilton Square Station – 0.2 miles (Merseyrail to Liverpool, Chester)  
– **Bus:** Routes 409 and 411 nearby for local and city connections  
– **Road:** 0.3 miles to Queensway Tunnel for quick access to Liverpool  
– **Ferry:** Woodside Ferry Terminal – 0.5 miles for cross-river services

Property Details

– EPC Rating: C (79)  
– Council Tax Band: A  
– Tenure: Leasehold  
– Internal Floor Area: 441 sq ft  
– Service Charge: £1514.38 Per Annum (Jul–Dec 2024)  
– Ground Rent: £250 per annum  
– Estimated Rental Value: £550 pcm  
– Mortgageability: Likely limited due to specific use considerations  

This apartment offers an attractive opportunity for cash investors seeking high-yield rental returns in a well-connected urban setting.