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Auction Property Details

28 Chambres Road, Southport, PR8 6JQ

Lot 58 - 13.09.2017

SOLD £350,000

For sale by auction 13th September 2017 at Liverpool Town Hall

WHY BUY?
Detached
5 x two bedroom flats
Three let & two vacant
Potential to add value
Double glazing & Central heating

DESCRIPTION
This is a large detached property that has been converted to provide 5 x two bedroom flats with parking to front & rear and a large communal garden. There are 2 flats to the ground floor, 2 to the first floor and one to the attic. Each flat has separate electric meters, separate boilers and all are fully double glazed. Currently 3 of the flats are tenanted on AST’s producing a combined income of £1690pcm/£20,280pa. The two vacant flats are in need of minor refurbishment. Once a scheme of works have been completed the property when fully let has the potential to achieve £2975pcm/£35,700pa. Venmores have not carried out an internal inspection of the tenanted flats

LOCATION
Accessed from Scarisbrick New Road only 1 mile from Lord Street and all shops, bars and restaurants. Southport Rail Station is 1 mile away with Meols Cop Rail station only half a mile away.

ACCOMMODATION
Flat one – Ground floor: Entrance hall, kitchen, 2 x bedrooms, living room – Tenanted at £595pcm
Flat two – Ground floor: Entrance hall, kitchen, 2 x bedrooms, living room – Tenanted at £595pcm
Flat three – First floor: Entrance hall, kitchen/living room, 2 x bedrooms - Vacant 
Flat four – First floor: Entrance hall, kitchen, 2 x bedrooms, living room – Tenanted at £500pcm
Flat five – Second floor & attic : Entrance hall, bathroom, 2 x bedrooms, kitchen, living room – Vacant

NB - There will be a £5,000 + VAT buyers premium payable by the purchaser upon exchange of contracts

 

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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