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Property description

Excellent buy to let opportunity in Birkenhead achieving a 9.60% Yield

Guide Price: £69,000+

For sale by online auction on 08/05/2023 12:00, ending on 08/05/2023 18:50.

2 Bedroom Lower Ground Apartment
9.60% Rental Yield
Close to Liverpool

Two bedroom, ground floor apartment situated within easy reach of commuting links.

Decorated throughout this spacious accommodation comprises of a hallway, open plan living/ kitchen/ diner, two double bedrooms and a bathroom.

The apartment compromises of a Entrance hall with a front door opening to a small hall space to hang coats and store your bikes and prams.

lounge & Dining: A Large living and dining room with two bay windows over looking the court yards. Fitted with TV sockets with wall mounted electric heater.

Separate Kitchen: Totally separate kitchen which is usual for apartments, this is ideally for keeping the cooking area separate.

Bedroom one: Double sized bedroom with window aspect to the rear of the property

Bedroom two: Double sized bedroom with a large enjoy to fit a double bed with small frosted window.

Main Bathroom: main bathroom with shower and bath, low level toilet and wash basin

This property is currently tenanted with an Income of £600 PCM

This apartment is located in the historical Hamilton Square in the town centre of Birkenhead, close to local amenities

Service Charge £1500 Per Annum Ground rent £250 per Annum
Leasehold 999 years from & inc 1st January 2014

Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers
Some vendors will accept offers prior to auction, however these must be above the guide price to be considered. If any such offer is accepted the property will still be sold under auction terms and conditions.

General
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact Uk Property and we will be pleased to check the position for you.
The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.

Services
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.

Particulars
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
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Council tax

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First listed

Over a month ago

Merseyside, CH41 5BP

Marketed by

UK Property Auctions - Melton Mowbray The Croft Melton Road Hickling Pastures, Melton Mowbray LE14 3QG Contact agent

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by UK Property Auctions - Melton Mowbray. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact UK Property Auctions - Melton Mowbray for full details and further information.
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