Auction Property Details

27-33 Grange Mount, Prenton, CH43 4XN

Lot 34 - 10.04.2014

SOLD PRIOR

FOR SALE BY PUBLIC AUCTION THURSDAY 10TH APRIL 2014 AT LIVERPOOL TOWN HALL

27-33 GRANGE MOUNT, OXTON, WIRRAL, CH60

INVESTMENT

WHY BUY?
18 x Self-contained apartments
Maintained to a high standard
Produces £75,000 per annum
Consistent record of income
Potential to increase yield

DESCRIPTION
Venmore Auctions are please to be offering for sale an excellent investment opportunity. This block of 18 self-contained apartments has been skilfully converted from a large three storey Victorian terrace to provide 8 x 2 bed units and 10 x 1 bed units. The development has been maintained to a high standard and lets easily with very few voids. Currently producing circa £75,000 per annum accounts are available to confirm an average gross income over the last 4 years of over £74,000. All apartments have separately metered utilities and benefit from gas central heating, Upvc double glazing and secure intercom entry system. The development further benefits from a rear private car park with 13 marked spaces and attractive communal gardens.

LOCATION
Grange Mount is situated in the popular Oxton area of Birkenhead less than one mile from Oxton village with all its popular shops, bars and restaurants and just a short walk from all the amenities of Birkenhead centre. The nearby A41 gives easy access to the motorway network and tunnel links directly to Liverpool city centre.

ACCOMMODATION
Over 3 floors:
8 x 2 Bedroom apartments with hallway, lounge, kitchen, bathroom/WC
10 x 1 Bedroom apartments with hallway, lounge, kitchen, bathroom/WC

NB: The buyers fee on this property is £1000 + Vat (£1,200)

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.