Auction Property Details

12 Marlborough Grove, Prenton, CH43 5RJ

Lot 29 - 21.07.2015

SOLD LATER

FOR SALE BY PUBLIC AUCTION TUESDAY 21ST JULY 2015 AT LIVERPOOL TOWN HALL

12 MARLBOROUGH GROVE, PRENTON, CH43 5RJ

INVESTMENT

WHY BUY?
5 x self contained flats
Potential income £24,360pa
Good rental location
Scope to add value

DESCRIPTION
This is a large 3 storey semi detached property that has been configured to provide 4 x one bedroom flats and 1 x two bedroom flat. The 4 x one bedroom flats share a communal side entrance with flat two to the ground floor, flats 3 & 5 split level on the first and lower first floors, and flat 4 to the second floor. Flat one is a two bedroom flat that has its own private entrance to the rear with access to their own private garden, the accommodation is split over ground and lower ground floors. The flats are all self contained, double glazed and require only decoration prior to re-letting. 2 of the flats are currently tenanted at a combined £650pcm, but with a small amount of investment there is potential to rent all of the one bedroom flats for £375pcm, and the two bedroom flat for £450pcm, then achieve in excess of £24,000pa.

LOCATION
Sandwiched between Bessborough and Woodchurch Roads in Prenton. There are numerous shops and amenities within walking distance and Birkenhead Town Centre only 1 mile away. Good access to public transport close by. Liverpool City Centre is only 4 miles away.

ACCOMMODATION
Flat 1: Rear entrance: Ground floor - Kitchen, living room; Lower Ground - 2 x double bedrooms, shower room, private garden
Flat 2: Ground floor: Bedroom, bathroom, living room/kitchen - Venmores not inspected
Flat 3: First floor: Kitchen/living room, shower room; Lower first: Bedroom
Flat 4: Second floor: Kitchen/living room, shower room, bedroom
Flat 5: First floor: Kitchen/living room, shower room; Lower first: Bedroom
Outside: Private garden to rear, on-street parking to the front

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.