Lot 16 - Wednesday 7th February 2024 -78 King Street, Wallasey, CH44 8AN

FOR SALE BY ONLINE AUCTION 7TH FEBRUARY 2024:

A traditional, redbrick mid-terraced property located in a residential and retail part of Wallasey, just a short walk to Egremont Promenade. Accommodation is over three floors and is currently configured as two flats. The ground floor flat is one bedroom and is tenanted on an AST of £80 per week. The upper flat is a two bedroom duplex, currently on an AST at £90 per week. The combined income gives £8,840 per annum. Following upgrade works, the income could be significantly increased to circa £10,740 per annum.

ACCOMODATION
Ground Floor Flat: Lounge, Bathroom, Bedroom, Kitchen
Upper Floor Flat (Duplex): Lounge, Bathroom, Kitchen/Diner
Outside: On-street Parking to Front, Yard to Rear

LOCATION
King Street is the main arterial road leading from Wallasey to New Brighton. It is set close to many shops, retail outlets and all major local infrastructure. Egremont beach and Promenade is a short walk away, as is Wallasey Town Hall.

TENURE: Freehold

COUNCIL TAX: A (each Flat)

AUCTION FEES
The 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.