Just added

Guide price

£1,300,000

(£286/sq. ft)

11 bed bungalow for sale
Borough Road, Birkenhead, Merseyside CH42

    • 11 beds

    • 8 baths

    • 6 receptions

    • 4,551 sq. ft

  • EPC Rating: C

  • New home
  • Freehold

Savills - Cheshire New Homes

Logo of Savills - Cheshire New Homes

About this property

  • Six self contained units 1,2 & 3 bedroom mix

  • Net Initial Yield of 6.7%

  • Strong visibility of future cashflows

  • Minimal management requirements

  • Exposure to the growing supported housing sector

  • Current passing rent of £87,600 per annum

  • Limited landlord management responsibilities

  • Long term contracted income

  • EPC Rating = C

This is a rare opportunity to acquire a high quality supported living asset delivering immediate income with built in rental growth. Long lease term with cpi linked rent review!

Description
An exceptional opportunity to acquire a fully stabilised supported living investment in Birkenhead, providing secure, long term contracted income within the growing supported housing sector.

The property has undergone a comprehensive refurbishment and has been reconfigured into six self contained residential units comprising a mix of one, two and three bedroom accommodation. The asset is fully let to an established operator on a 20 year lease, offering investors a hands off income stream with no day to day operational responsibilities.

The refurbishment programme included significant capital expenditure and incorporated upgrades to electrical systems, plumbing infrastructure, kitchens, bathrooms and internal finishes throughout.

Income is cpi linked, benefiting from annual indexation and underpinned by the UK housing benefit system, creating a defensive and resilient investment profile in a supply constrained sector.

The supported living sector continues to benefit from strong structural demand driven by demographic trends, government policy and a chronic shortage of suitable accommodation across the UK.

Investment in high quality supported living assets has increased significantly in recent years as investors seek secure, inflation linked income streams combined with positive social impact outcomes.

The building is presented in excellent condition and benefits from an EPC rating of C.

Location
Birkenhead is a major town within the Metropolitan Borough of Wirral, strategically located on the western bank of the River Mersey, directly opposite Liverpool city centre. The town forms part of the Liverpool City Region, one of the UK's largest metropolitan economies, with a population of over 1.5 million people.

The property is situated on Borough Road, a principal route connecting Birkenhead town centre with surrounding residential districts and key transport infrastructure. The area benefits from excellent connectivity via the Mersey Tunnels, Merseyrail network and the M53 motorway, providing direct access to Liverpool, Chester, Manchester and the wider North West region.

Birkenhead has undergone significant regeneration in recent years, supported by substantial public and private sector investment. Major initiatives including the £4.5 billion Wirral Waters regeneration scheme and town centre redevelopment projects are enhancing the area's economic prospects and residential appeal.

The town benefits from a comprehensive range of amenities, including retail centres, healthcare facilities, educational institutions and leisure attractions. Demand for supported living and specialist accommodation remains strong, driven by local authority requirements and a shortage of high quality provision across the region.

The property's location provides convenient access to local services, public transport and community facilities, making it well suited to supported living occupancy and long term operational sustainability.

Square Footage: 4,551 sq ft

Zoopla tools

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

  • Report this listing
See all recent sales in CH42

Property descriptions and related information displayed on this page are marketing materials provided by - Savills - Cheshire New Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savills - Cheshire New Homes for full details and further information.