Lot 13 - Tuesday 4th April 2017 -374 Poulton Road, Wallasey, Merseyside, CH44 4DD
SOLD PRIOR
For Sale by Auction 4th April 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