£55,000
2 bedroom Flat for sale, St. Helens, Merseyside, WA10
Prescot Road
- For Sale By Auction T+Cs Apply
- Subject To An Undisclosed Reservation
- Reservation Fee Applicable
- Investment Opportunity
- Two bedrooms
- Ground Floor Apartment
- No Onward Chain
The pin shows the exact address of the property
*INVESTMENT OPPORTUNITY*
Brought to the market through the modern method of auction this ground floor two bedroom apartment is ideal for an investor! The current tenant is on a rolling monthly contract and paying £425pcm (based on current market could be increased to £450pcm) this giving a potential gross return (bought at asking price) of 9.82% per annum.
Positioned on Prescot Road allows direct access through to St Helens town centre offering amenities such as supermarkets, cinema, restaurants and bars. Within walking distance there are local schools, shops and parks.
In brief the property comprises of a ground floor entrance to the rear of the apartment block which is direct into the apartment. There is an open plan living room/kitchen, two bedrooms and bathroom. Externally there is a parking space to the rear which is communal along with communal outdoor decking area.
| Picture | Room | Measurements | Notes |
|---|---|---|---|
| Living Room / Kitchen | 6m x 3.7m | Double glazed window to rear, double glazed door to side, kitchen comprises of matching wall and base units with work surfaces over, stainless steel sink unit with mixer taps, space for fridge/freezer and washing machine, integrated four ring hob and oven with extractor fan over. |
| Bedroom 1 | 5m x 3.8m | Double glazed window to rear, radiator and carpet. |
| Bedroom 2 | 5.94m x 3.3m | Double glazed door to rear leading to another entrance to the apartment, radiator and carpet. |
| Bathroom | 3.07m x 1.68m | Panelled bath with shower over, lower level W.C, pedestal wash hand basin, wall mounted radiator. |
| Leasehold | (21.02.2018) Short particulars of the lease(s) (or under-lease(s))under which the land is held:Date : 6 November 2017Term : 125 years from 6 November 2017Ground Rent : £250 per yearService Charge : £585 per year | ||
| Investment Opportunity | Brought to the market through the modern method of auction this ground floor two bedroom apartment is ideal for an investor! The current tenant is on a rolling monthly contract and paying £425pcm (based on current market could be increased to £450pcm) this giving a potential gross return (bought at asking price) of 9.82% per annum. | ||
| Auction Disclaimer | This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successfulauction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of £6,000k which secures the transaction and takes the property off the market. The buyer will be required to sign anAcknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.Please note this property is subject to an undisclosed Reserve Pricewhich is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by powered by iam-sold Ltd or iam-sold Ltd .TO VIEW OR MAKE A BID Contact Reeds Rains or visit: www.agentauctionpage.co.uk |
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
79Potential
81CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
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