No longer on the market
This property is no longer on the market
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Area stats1 bedroom property
Key information
Features and description
- Portfolio of tenanted flats
- 4x one bedroom apartments
- Annual income of £22,680
- Close to local amenities
- Good transport links
- Freehold title
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We are pleased to offer to auction this compelling portfolio comprising four one-bedroom flats, conveniently situated on the intersection of Hood Street and Liscard Road in Wallasey.
Access to three of the flats is through a shared entrance on Hood Street, while the fourth flat enjoys its own separate entrance on Liscard Road
Currently fully tenanted, these flats collectively yield a gross income of £22,680 per annum, rendering this offering an exceptional investment prospect.
Each property benefits from gas central heating, double glazing, and falls within Council Tax Band A.
Please note we have not inspected this property.
Rooms
Location
The subject property is well located along Hood Street, Merseyside. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 2.5 miles from Wallasey town centre.
Accommodation
4x individual one bedroom apartments.
Flat 1
This spacious one-bedroom duplex flat features a well-appointed double bedroom, a modern fitted kitchen, a bathroom complete with an over-bath shower, and a generously sized living room.
Flat 2
Offering a comfortable living space, this one-bedroom flat comprises a generously proportioned double bedroom, a sizable lounge area, a bathroom equipped with an over-bath shower, and a fitted kitchen.
Flat 3
Currently occupied, this one-bedroom flat, accessible via stairs leading from the entrance, presents a layout all on one level. It features a double bedroom, a spacious living room, a bathroom with an over-bath shower, and a fitted kitchen.
Flat 4
Located on the ground floor, this one-bedroom flat boasts a large double bedroom, a bathroom with a shower unit, a well-proportioned living room, and a fitted kitchen.
Each property ben...
Lease Details
All 4 flats are currently let at the below rents:
Flat 1: £550 PCM
Flat 2: £550 PCM
Flat 3: £375 PCM (Soon to be re-marketed at £550 PCM)
Flat 4: £415 PCM
Tenure
Freehold. Title number MS352152.
EPC
Available upon request (rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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