Four self contained flats, situated to the first and second floors within two minutes walk of Hamilton Square which is the main commercial centre of Birkenhead. The property comprises two, two bedroomed flats and two, one bedroomed flats each of which require some general upgrading and decoration following which they would provide potential to generate an income in the region of £16,800 p.a. We understand that each of the flats have in the past been let at £350 per calendar month. Each flat has its own gas fired central heating system and the development has emergency lighting with separately metered services.

Details

Auction Date 08th July 2015
Lot Number 15
Guide Price £38,000 to £44,000
Status Sold
Sale Price £70,000
Lot Type Residential Investment
Address Flats 1-4 56/58 Market Street, Birkenhead, CH41 5BT view on map
Tenure Leasehold

Location

Accommodation

Ground Floor Common entrance hall.
First Floor Landing. Flat 3: Hall, living room, kitchen, rear bedroom, bathroom/WC. Flat 4: Hall, living room, kitchen, two bedrooms, bathroom/WC.
Second Floor Landing. Flat 1: Hall, front living room, kitchen, rear bedroom, bathroom/WC. Flat 2: Hall, lounge, two bedrooms, kitchen, bathroom/WC.
Tenure The properties will be sold on a 99 year lease subject to a peppercorn ground rent with the purchaser responsible for two thirds of the insurance premium.
Viewing By arrangement with the auctioneers.

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