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Auction Property Details

374 Poulton Road, Wallasey, CH44 4DD

Lot 8 - 17.02.2017

WITHDRAWN

For Sale by Auction 17th February 2017

WHY BUY?
Ground floor retail unit
2 x self contained flats
Producing £10,800pa
Potential to increase income

DESCRIPTION
This 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%.

LOCATION
Just 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 Liverpool

ACCOMMODATION
Ground floor: Retail unit with shop floor, store and wc - currently tenanted to a Blind Shop
Ground floor - Flat one - accessed from the rear: bedroom, kitchen, living room, bathroom
First & Second floor - Flat two - 3 x bedrooms, kitchen, bathroom, living room

NB - Venmores have not carried out an internal inspection - all details supplied by the vendor

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.

Next
Auction

13th September 2017 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

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