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Lot 16 - Wednesday 14th December 2016374 Poulton Road, Wallasey, Wallasey, Merseyside, CH44 4DD

AVAILABLE AT 85,000

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For Sale by Auction 14th December 2016WHY BUY?Ground floor retail unit2 x self contained flatsProducing £10,800paPotential to increase incomeDESCRIPTIONThis is a mid terrace 3 storey property that is configured to provide retail to the ground floor as well as one bedroom & three bedroom self contained flats. The property is fully occupied producing a combined £900pcm/£10,800pa, but does have the scope to update and increase the rental income. Ideal as a long term investment with yield returns in excess of 10%. LOCATIONJust a short distance from the local shops and Liscard shopping centre which include Cherry Tree Shopping Centre and Liscard Indoor Market. Transport links nearby include a bus station for regular buses to Liverpool & Wirral destinations and easy access to M53 Motorway and Kingsway Tunnel to LiverpoolACCOMMODATIONGround floor: Retail unit with shop floor, store and wc - currently tenanted to a Blind ShopGround floor - Flat one - accessed from the rear: bedroom, kitchen, living room, bathroomFirst & Second floor - Flat two - 3 x bedrooms, kitchen, bathroom, living roomNB - Venmores have not carried out an internal inspection - all details supplied by the vendor

For Sale by Auction 14th December 2016WHY BUY?Ground floor retail unit2 x self contained flatsProducing £10,800paPotential to increase incomeDESCRIPTIONThis is a mid terrace 3 storey property that is configured to provide retail to the ground floor as well as one bedroom & three bedroom self contained flats. The property is fully occupied producing a combined £900pcm/£10,800pa, but does have the scope to update and increase the rental income. Ideal as a long term investment with yield returns in excess of 10%. LOCATIONJust a short distance from the local shops and Liscard shopping centre which include Cherry Tree Shopping Centre and Liscard Indoor Market. Transport links nearby include a bus station for regular buses to Liverpool & Wirral destinations and easy access to M53 Motorway and Kingsway Tunnel to LiverpoolACCOMMODATIONGround floor: Retail unit with shop floor, store and wc - currently tenanted to a Blind ShopGround floor - Flat one - accessed from the rear: bedroom, kitchen, living room, bathroomFirst & Second floor - Flat two - 3 x bedrooms, kitchen, bathroom, living roomNB - Venmores have not carried out an internal inspection - all details supplied by the vendor

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£2,550
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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