Property in CH44
Hood Street and 32 Liscard Road, Wallasey, Merseyside, CH44 6LS
Online auction
Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk
- Portfolio of tenanted flats
- 4x one bedroom apartments
- Annual income of £22,680
- Close to local amenities
- Good transport links
- Freehold title
Property in CH44
*For sale via secure sale online bidding: terms and conditions apply.*
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.
Summary
- Property Type:
- Tenure: Freehold
- Parking: Allocated
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 benefits from gas central heating, double glazing, and falls within Council Tax Band A.
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).
Additional Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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