Auction Property Details

2 Lionel Street, St. Helens, WA9 4JN

Lot 5 - 21.07.2016

Offers in the Region Of £250,000

WHY BUY?
6 x one bed flats
Fully refurbished
Potential for development
Next to St Helens Junction
Ideal for rental investment

DESCRIPTION
The property comprises a detached Grade II Listed building internally arranged over ground and two upper floors beneath a pitched roof. The building is internally arranged to provide 6 x one bedroom self-contained flats, two per floor, which have all just finished a scheme of refurbishment and ready to let immediately. Each flat has central heating with a new boiler, new modern kitchen, modern bathroom, laminate flooring and secure intercom system. If rented at £400pcm per flat the current development has potential for £28,880pa income.

Externally there is a garden to the front and rear with car parking to the side. The site extends to approximately 0.071 hectares (0.175 acres). Another scheme of 6 x one bedroom flats to be built to the side has been drawn up with the view to build on the car park to the side, subject to gaining the relevant planning & building consents. Plans and drawings available on request. 

LOCATION
The property is situated on the west side of Lionel Street which is located off Reginald Road (B5204) adjacent to St Helens Junction Rail Station. St Helens town centre is to the north-west. The more extensive amenities of Liverpool and Manchester city centres are accessible to the west and east respectively. The B5204, A569 and M62 Motorway are within reach.

ACCOMMODATION
Ground floor: Entrance hall with stars to all floors and access to rear garden
Flat 1: Hall, bedroom, kitchen, bathroom, living room
Flat 2: Hall, bedroom, kitchen, bathroom, living room
Flat 3: Hall, bedroom, kitchen, bathroom, living room
Flat 4: Hall, bedroom, kitchen, bathroom, living room
Flat 5: Hall, bedroom, kitchen, bathroom, living room
Flat 6: Hall, bedroom, kitchen, bathroom, living room
Outside: Large carpark to the side, large garden to the rear

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.