Auction 25 - Lot 27




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37 FOUNTAIN STREET, TRANMERE, CH42 7JD

ESTIMATED RENTAL VALUE - £16,200 p.a

INVESTMENT

WHY BUY?
- Estimated Gross Yield - 16.4 %
- 3 Separate flats
- Excellent income
- Possible opportunity to resell as individual flats
-

DESCRIPTION/ LOCATION
A large Victorian semi-detached house which in the past has been converted into three self contained flats two of which are currently let on Assured Shorthold Tenancies producing £9,000 per annum. The potential gross annual rental income is approximately £16,200

The property is situated off Derby Road approximately 1 mile south of Birkenhead Town Centre.

ACCOMMODATION

GROUND FLOOR: Communal entrance, hallway,
Flat 1 - Open plan living room/ kitchen, bedroom, bathroom
Flat 2 - Living room/ bedroom, kitchen, bathroom

FIRST/ SECOND FLOOR: Living room, 3 bedrooms, kitchen, bathroom

OUTSIDE: Gardens.

Individual flats in the area are being marketed for £119,950. For viewing arrangements please contact Venmore Auctions on 0151 236 6746

Information packs:

Legal Pack - Click to View

37,Fountain Street,Birkenhead,Merseyside
CH42 7JD

RESERVE PRICE £120,000

The auction for this lot was held at 14:00:00 GMT on 24/09/2010