Auction Property Details

Flat 18 Royal Court, 30 Rock Lane West, Birkenhead, CH42 1NF

Lot 1 - 13.02.2013

SOLD £34,500

FOR SALE BY PUBLIC AUCTION 13TH FEBRUARY 2013 AT THE LIVERPOOL TOWN HALL - FLAT 18 ROYAL COURT, SO ROCK LANE WEST, BIRKENHEAD, CH42 1NF

INVESTMENT

ON BEHALF OF LPA RECEIVERS

WHY BUY?
- Fully tenanted
- 2 Bedrooms
- Modern new built flat
- Desirable location
- High yield return

DESCRIPTION:
Venmores have not carried out an internal inspection but have been informed that the property comprises a modern, tenanted, 2 bedroom mid floor flat approximately 62sqm in size. We have been informed that the current tenants are paying £450 pcm, but have not had the tenancy agreement to confirm length of term or rent passing. Purchasing the property at the top end of the guide price at the rent passing will still offer the buyer a yield in the region of 35%.

LOCATION:
The property is situated in one of 2 new modern apartment blocks located in the Rock Ferry/New Ferry area just outside of Birkenhead. Local train stations are within walking distance with the Rock Ferry By-pass (A41) a minute away by car and leading directly to the Mersey Tunnel and all motorways heading South.

ACCOMMODATION:

FLAT: Open plan living/dining room, kitchen, bathroom, bedroom 1, bedroom 2

OUTSIDE: Secure parking to the rear, communal staircases

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.