Lot 10 - Wednesday 7th February 2024 -38 Speedwell Road, Birkenhead, CH41 0DP
SOLD £120,000
FOR SALE BY ONLINE AUCTION 7TH FEBRUARY 2024:
A large corner property located in Claughton and currently configured as two flats. The ground floor comprises of a one-bedroom flat, currently tenanted on an AST of £433.00 pcm. We are reliably informed that the tenant is due to vacate once suitable Housing has been provided. Following some upgrade, this could re-let in line with market rents to circa £450-£500pcm. Upstairs is a large 2/3 bedroom flat, in need of final works to a provide spacious accommodation. Ideal for a developer, there is scope to increase capital value of the building or place on the private rental market for a high yield return. The property also includes 2 x garages at the side, previously rented out as storage.
ACCOMMODATION
Ground Floor: Entrance Hall, Bedroom, Lounge, Kitchen, Bathroom
First Floor: 2/3 x Bedrooms, Lounge, Kitchen, Bathroom.
Outside: Yard to rear, 2 x garages & off-road parking.
LOCATION
Located in a popular part of the Wirral, off Upton Road, and in turn Tollmarche Road, close to Birkenhead Park and with quick access to the M53 Motorway Link.
TENURE: Leasehold
COUNCIL TAX: A per flat
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.