Lot 5 - 51 The Woodlands, Tranmere, Wirral, CH41 2SJ
- Unconditional Online Auction Sale
- Guide Price* : £140,000
- Investment Property producing £14,100 per annum
- Semi Detached House arranged as 3 self contained Flats
- Popular and convenient location
- Range of amenities nearby
Semi detached house arranged as 3 self contained flats fully Let producing a combined income of £14,100 per annum.
Description
The property comprises a three storey plus basement semi detached house which has been converted to provide 3 x one bedroom self contained flats. The flats are currently Let producing a combined annual income of £14,100 per annum.
Location
The property is situated in a desirable and convenient location on The Woodlands, which runs parallel to Borough Road (A552). A wide range of amenities are available within walking distance in Birkenhead town centre and the Birkenhead Tunnel is just a short drive away.
Tenure
The property is held Freehold.
Accommodation
Basement - Not inspected
Ground Floor (The flat is accessed from the front of the property and also has direct access to the rear):
Flat One -Hall, Living Room, Bedroom, Bathroom and Kitchen. Floor Area: 61 sq m
First Floor (accessed via an external metal staircase at the rear):
Communal Entrance to Flats 2 and 3.
Flat Two - The property has not been inspected internally. Floor Area: 57 sq m.
Second Floor:
Flat Three - The property has not been inspected internally. Floor Area: 64 sq m.
The measurements for Flats 2 and 3 have been taken from the EPC register.
Outside
Gardens to the front and rear, side driveway and detached outbuilding within rear garden.
Tenancies
Flat One - Let on an Assured Shorthold Tenancy agreement for a term of 12 months from the 21st September 2018 at a current rent of £375pcm.
Flat Two - Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 1st November 2018 at a current rent of £400pcm.
Flat Three - Let on an Assured Shorthold Tenancy agreement for a term of 12 months from the 21st September 2018 at a current rent of £400pcm.
EPC
Energy Performance Asset Ratings = Flat 1 - D. Flats 2 and 3 - C.
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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