No longer on the market
This property is no longer on the market
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5 bedroom property
Key information
Features and description
- 3x self-contained flats
- Fully tenanted investment
- Annual income of £15,300
- High rental demand area
- Modern finishes
- Freehold title
We are pleased to offer to auction this remarkable investment opportunity with this block of 3x self-contained apartments (5 bedrooms total), located in the thriving locale of Bootle, Liverpool. Currently leased at £425 per month per flat, this property presents an enticing prospect for investors looking to maximize rental income and capitalise on the area's growing demand.
The existing occupancy of all three flats underscores the attractiveness of this property to tenants. Take advantage of a low vacancy risk and enjoy a hassle-free investment experience. The property is fully managed, at 10% of rental income by DMS Associates (UK) - this means you could start enjoying returns seamlessly upon completion.
Please note we have not inspected this property.
Rooms
Location
This property is located along Worcester Road which is alongside the beautiful Derby Park. It is located approximately 3.5 miles away from the Liverpool City Centre and is only a 10 minute walk from the Strand Shopping Centre.
Strategic Location for Rental Demand: Positioned in a high-demand area of Bootle, this property is poised to attract tenants seeking convenience and accessibility. Explore the potential for continued demand and sustained rental growth.
Proximity to Amenities: With easy access to local amenities, schools, and transportation hubs, tenants enjoy a convenient lifestyle, further enhancing the property's appeal in the rental market.
Accommodation
Modern Living Spaces: The apartments feature modern designs with individual bathrooms, kitchens, and central heating systems.
Tenure
Freehold. Title number MS280007.
Council Tax
All band A.
EPC
Each subject flat has its own rating. Flat 1 (Rating D), Flat 2 (Rating D) and Flat 3 (Rating E).
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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