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Auction Property Details

2a - 20a & 22a & 22b St. Anne Street, Birkenhead, CH41 3JU

Lot 9 - 13.07.2017

SOLD PRIOR

For sale by auction 13th July 2017

WHY BUY?
12 X Self contained flats
Only one flat currently vacant
Current rent passing circa £50,000pa
10 x three bedroom & 2 x two bedroom
Popular rental area

DESCRIPTION
This lot comprises of 10 x Three bedroom maisonette flats and 2 x two bedroom flats. The flats are located above a row of shops on St Anne Street, but are all accessed from the rear and each has their own private entrance. At present 11 of the 12 flats are tenanted and producing a combined rental income in excess of £50,000pa with each flat on a weekly rate between £85-£105.00 pw.

The 3 bedroom flats have accommodation over two floors and each is laid out the exact same way with kitchen and living room on the ground floor and 3 x bedrooms & bathroom to the first floor. The two bedroom flats have accommodation only over 1 floor to include two bedrooms, kitchen, living room and bathroom. The flats also benefit from a large shared outside space that does have the potential to be split and sectioned off equally per flat. Ideal as a high yield investment.

LOCATION
The property is sitauetd off Watson Street (A5029) in Birkenhead Town Centre within close proximity to Conway Park Train Station.

ACCOMMODATION
Flat 2A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £85.00 per week
Flat 4A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.30 per week
Flat 6A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £87.00 per week
Flat 8A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.30 per week
Flat 10A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.00 per week
Flat 12A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.54 per week
Flat 14A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £85.00 per week
Flat 16A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £105.00 per week
Flat 18A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.00 per week
Flat 20A - Over 2 floors - Living room, kitchen, 3 x bedrooms, bathroom - Tenanted on AST producing - £86.54 per week
Flat 22A - On one floor - living room, 2 x bedrooms, bathroom, kitchen - Tenanted on AST producing - £86.54 per week
Flat 22B - On one floor - living room, 2 x bedrooms, bathroom, kitchen - Tenanted on AST producing - £87.00 per week

NB - All rental figures have been provided by the Managing Agents - total rent is only approximate and all interested parties should refer to the legal pack which will contain all applicable tenancy agreements and the exact rent passing.

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

31st October 2017 1.00pm

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

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