Lot 21 - Wednesday 25th May 2022 -156 Falkland Road, Wallasey, Wallasey, Merseyside, CH44 8ER
SOLD £175,000
For Sale by Online Auction 25th May 2022WHY BUY?5 Self Contained Flats2 Flats VacantHigh Yield OpportunityLarge AccommodationPopular LocationDESCRIPTIONA large property currently configured as 5 x 1-bedroom self contained flats, set across 3 floors. Two of the flats are vacant and require refurbishment prior to re-letting. Currently there are three tenanted flats, two of which are on AST’s at £400pcm and one at £425pcm. Each flat comprises: bedroom, bathroom, kitchen and living area. The building requires a full scheme of renovation in order to bring in line with modern living. Following a scheme of works, when fully let rental income could be circa £495pcm per flat/£29,700 per annum.ACCOMMODATIONGround Floor: Communal Hallway, Flat 1 Tenanted, Flat 2 VacantFirst Floor: Flat 3 Vacant, Flat 4 TenantedSecond Floor: Flat 5 TenantedOutside: Enclosed yard at the rear, driveway at front.LOCATIONConveniently located straight off Liscard Road, close to the popular Central Park and other local amenities such as the Cherry Tree Shopping centre. There are regular bus routes to nearby Liscard Village and the M53 Motorway link is within a 10 minute drive.AUCTION FEESThe sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
For Sale by Online Auction 25th May 2022WHY BUY?5 Self Contained Flats2 Flats VacantHigh Yield OpportunityLarge AccommodationPopular LocationDESCRIPTIONA large property currently configured as 5 x 1-bedroom self contained flats, set across 3 floors. Two of the flats are vacant and require refurbishment prior to re-letting. Currently there are three tenanted flats, two of which are on AST’s at £400pcm and one at £425pcm. Each flat comprises: bedroom, bathroom, kitchen and living area. The building requires a full scheme of renovation in order to bring in line with modern living. Following a scheme of works, when fully let rental income could be circa £495pcm per flat/£29,700 per annum.ACCOMMODATIONGround Floor: Communal Hallway, Flat 1 Tenanted, Flat 2 VacantFirst Floor: Flat 3 Vacant, Flat 4 TenantedSecond Floor: Flat 5 TenantedOutside: Enclosed yard at the rear, driveway at front.LOCATIONConveniently located straight off Liscard Road, close to the popular Central Park and other local amenities such as the Cherry Tree Shopping centre. There are regular bus routes to nearby Liscard Village and the M53 Motorway link is within a 10 minute drive.AUCTION FEESThe sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.