£100,000
Lathom Court
2 bedroom flat for sale
Investment Opportunity | 8.7% Gross Yield | Tenant in Situ | Potential to Increase Rental Income
An excellent opportunity to acquire this well-presented third-floor, two-bedroom apartment, 2 bathroom, ideally situated in the heart of Prescot Village, offering strong investment potential with an established tenant currently paying £725 PCM, representing an 8.7% gross yield.
The property comprises a spacious open-plan living area, a well-appointed kitchen, two generously sized bedrooms, and a family bathroom. The impressive principal bedroom benefits from a large en-suite shower room, creating an attractive layout for both tenants and owner-occupiers. The apartment also benefits from gas central heating, double glazing throughout, and an allocated parking space within a secure, well-maintained development.
The current tenant has been an excellent occupant and intends to vacate in December 2026 after purchasing their own home. This provides flexibility for an incoming purchaser, making the property suitable as either a buy-to-let investment or a future owner-occupied home, including first-time buyers.
There is also an opportunity to add value, with scope to modernise the apartment and increase the achievable rent to approximately £850 PCM, further enhancing the investment return.
The communal areas and grounds are well maintained, providing a pleasant and secure environment for residents.
Property Information
Third-floor apartment
Two spacious bedrooms
Large en-suite to the principal bedroom
Allocated parking space
Gas central heating
Double glazing throughout
Secure, well-maintained development
Tenant in situ paying £725 PCM
Tenant planning to vacate December 2026
Estimated rental potential of £850 PCM following modernisation
Ground Rent: £150 per annum
Service Charge: £1,050 per annum
Lease Length: Awaiting confirmation
EPC Rating: C
Council Tax Band: B
Council Tax Band: B (Knowsley Council)
Tenure: Leasehold
Ground Rent: £150 per year
Service Charge: £1,050 per year
An excellent opportunity to acquire this well-presented third-floor, two-bedroom apartment, 2 bathroom, ideally situated in the heart of Prescot Village, offering strong investment potential with an established tenant currently paying £725 PCM, representing an 8.7% gross yield.
The property comprises a spacious open-plan living area, a well-appointed kitchen, two generously sized bedrooms, and a family bathroom. The impressive principal bedroom benefits from a large en-suite shower room, creating an attractive layout for both tenants and owner-occupiers. The apartment also benefits from gas central heating, double glazing throughout, and an allocated parking space within a secure, well-maintained development.
The current tenant has been an excellent occupant and intends to vacate in December 2026 after purchasing their own home. This provides flexibility for an incoming purchaser, making the property suitable as either a buy-to-let investment or a future owner-occupied home, including first-time buyers.
There is also an opportunity to add value, with scope to modernise the apartment and increase the achievable rent to approximately £850 PCM, further enhancing the investment return.
The communal areas and grounds are well maintained, providing a pleasant and secure environment for residents.
Property Information
Third-floor apartment
Two spacious bedrooms
Large en-suite to the principal bedroom
Allocated parking space
Gas central heating
Double glazing throughout
Secure, well-maintained development
Tenant in situ paying £725 PCM
Tenant planning to vacate December 2026
Estimated rental potential of £850 PCM following modernisation
Ground Rent: £150 per annum
Service Charge: £1,050 per annum
Lease Length: Awaiting confirmation
EPC Rating: C
Council Tax Band: B
Council Tax Band: B (Knowsley Council)
Tenure: Leasehold
Ground Rent: £150 per year
Service Charge: £1,050 per year
Reference: RS0133
