A residential investment comprising a one bedroom second floor apartment with river views featuring intercom entry, double glazing, central heating and open plan living. The property is sold with a sitting tenant paying an annual equivalent income of £6,600
The property is located in the popular Maritime Quay development off Old Coach Road within approximately half a mile of Runcorn railway station.
The property is held Leasehold for a term of 250 years from 1st February 2005 at an initial ground rent of £100. The service charge is £1308.72 per annum.
Hall, Open Plan Living Room/Kitchen, Bedroom and Bathroom/W.C
The property is let on an Assured Shorthold Tenancy at a rent of £550 pcm.
Energy Performance Asset Rating - B
250 years (232 years unexpired)
There will be a Buyer's Administration Fee of 1% plus VAT (subject to a minimum of £1,200 inc VAT) payable upon exchange of contracts.
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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