£85,000
2 bedroom Mid Terrace House for sale, St. Helens, Merseyside, WA9
Herbert 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
- Amenities Within Walking Distance
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**FOR SALE BY MODERN METHOD OF AUCTION**
This terraced property is currently listed for sale on Herbert Street, St Helens Junction, the property offers a wealth of potential and is ideally suited for couples, investors, and first-time buyers who are seeking a project to make their own, or an investor looking to add to their portfolio or purchase their first investment.
The property boasts two spacious double bedrooms, offering plenty of room for a variety of uses. It also includes an open plan reception room, providing ample space for both living and dining.
In terms of location, this property is ideally situated with excellent public transport links. It's close to St Helens Junction train station, making it perfect for commuters. Additionally, it's within easy reach of various local amenities and is located in an urban area, offering a vibrant lifestyle.
The property's EPC rating is TBA, and it falls under council tax band A. This makes it an affordable option for those on a budget.
In summary, this property is a fantastic opportunity for those looking to create their dream home or investment property. Its prime location and potential for transformation make it a must-see. Don't miss out on the chance to view this property - it won't be on the market for long!
The current tenant is paying £575 pcm with the potential to be increased to £650 - £695 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 10.43%.
Picture | Room | Measurements | Notes |
---|---|---|---|
Porch | Double glazed door to front, door leading into living/dining room. | ||
Living / Dining Room | 7m x 3.9m | Double glazed windows to both front and rear, stairs to first floor, open plan living/dining room with space for dining table and chairs, two radiators and laminate flooring throughout, | |
Kitchen | 4.5m x 2m | 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 leading out to rear yard and access to ground floor bathroom. | ||
Bathroom | 2m x 1.7m | Double glazed window to side, panelled bath with shower over, lower level W.C, pedestal wash hand basin, radiator and part tiled. | |
Bedroom 1 | 3.9m x 3.8m | Double glazed window to front, radiator and carpet. | |
Bedroom 2 | 3.2m x 3m | Double glazed window to rear, radiator and carpet. | |
Tenure | Leasehold | Date - 9th September 1957 Term - 999 years (less 10 days) from 20 November 1906Rent - £2.10s | |
Investment Opportunity | The current tenant is paying £575 pcm with the potential to be increased to £650 - £695 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 10.43%. | ||
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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