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Auction Property Details

143 Brighton Street, Wallasey, CH44 8DT

Lot 32 - 14.12.2016

SOLD £30,000

DEVELOPMENT

WHY BUY?
Planning permission for 3 x Flats
Brought back to brick
Ready for development
Very strong rental area
Potential income £14,880pa

DESCRIPTION
This is a 3 storey mid terrace property that was formerly a shop with residential accommodation above. The property has been stripped, brought back to brick, cleared and has had planning permission recently granted to convert to 3 x self contained flats. The PP is for 2 x one bedroom flats and 1 x two bedroom flat. Ideal as a development with huge scope to add capital and either resell on the open market once finished or retain as a high yielding rental investment. If the one bedroom flats were tenanted on AST's at £395pcm and the two bedroom flat at £450pcm the potential rental income would be £14,880pa fully occupied.

LOCATION
Directly across from Wallasey Town Hall with plenty of shops and amenities within walking distance and regular buses directly outside the door. Wallasey village is only 2 miles away with Liverpool City Centre only 5 miles away through the tunnel.

Planning application can be found on Wirral Borough Council planning site APP/16/00996

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 December 2017 1.00pm

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

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