£80,000
2 bedroom Mid Terrace House for sale, St. Helens, Merseyside, WA9
Edgeworth Street
- For Sale By Auction T+Cs Apply
- Subject To An Undisclosed Reservation
- Reservation Fee Applicable
- Investment Opportunity
- Valid Gas and Elec Checks Completed
- Current Tenant Paying £575 pcm
- Special loft room for adaptation
- Prime location with excellent transport links
- Near Sutton Park for outdoor activities
The pin shows the exact address of the property
Presenting a charming terraced property for sale that is brimming with potential on Edgeworth Street, St Helens junction. The property is in need of modernisation, offering a fantastic opportunity for investors, first-time buyers, or couples seeking to put their personal touch on their new home.
The property boasts two bedrooms, one a comfortable double room and the other a cosy single, making it a versatile space for a variety of living arrangements. The layout further includes one reception room and one kitchen, both providing ample space for daily activities and entertaining guests. The reception room is particularly appealing with its open-plan layout and wooden flooring, bringing a sense of warmth and homeliness to the property. Additionally, the property features a special loft room that can be adapted to your needs, whether that be an additional bedroom or a unique living space.
Situated in a prime location, the property benefits from excellent public transport links and is within walking distance to St Helens Junction train station. Local amenities are conveniently close by, meaning everyday tasks can be accomplished with ease. For families, the proximity to local schools is a notable advantage. Moreover, the property is close to Sutton Park, providing an ideal spot for leisurely walks and outdoor activities.
In conclusion, this terraced property presents a wonderful opportunity for those looking for a project to modernise, in a well-connected and amenity-rich location.
The current tenant is paying £575 pcm with the potential to be increased to £625 pcm. If the property is being bought at the guide price of £80,000 with the current rental income the return annually would be 8.63%. If the rent is to be increased this in turn would improve the annual return of 9.38%.
Picture | Room | Measurements | Notes |
---|---|---|---|
Porch | Double glazed door to front, door leading through to living room. | ||
Living Room | 6.8m x 3.7m | Double glazed windows to front and rear, fire with hearth and surround, two radiators, stairs to first floor and laminate flooring. | |
Kitchen | 3.2m x 1.8m | Double glazed window to side, matching wall and base units with work surfaces over, integrated stainless steel sink unit with mixer taps over, integrated four ring gas hob, oven and extractor fan over, space for washing machine and fridge/freezer. | |
Inner Hall | Double glazed door to side, leading to rear yard. | ||
Bathroom | 1.8m x 1.7m | Double glazed window to side, panelled bath with shower over, pedestal wash hand basin, lower level W.C, radiator and part tiled. | |
Bedroom 1 | 3.7m x 3.7m | Double glazed window to front, radiator, carpet and stairs up to loft room. | |
Bedroom 2 | 3m x 2.8m | Double glazed window to rear, radiator and carpet. | |
Loft Room | 3.7m x 2.5m | Velux sky light. | |
External | Paved patio area and access to the rear. | ||
Tenure | FREEHOLD | ||
Investment Opportunity | The current tenant is paying £575 pcm with the potential to be increased to £625 pcm. If the property is being bought at the guide price of £80,000 with the current rental income the return annually would be 8.63%. If the rent is to be increased this in turn would improve the annual return of 9.38%. | ||
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 £6,600k 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*· The property is offered in partnership with IAM-Sold who will receive the personal information of any interested viewers and bidders. |
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