8 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- 6 flats, each with its own character and charm
- FOR SALE BY AUCTION 16TH JULY 2024
- Detached Property
- Walking distance to Wallasey Village train station
- Close proximity to local shops, cafes, and restaurants
- Nearby Birkenhead Park and Wirral Country Park
- Opportunity for renovation and refurbishment to add value
- Reliable income £42,000 PA
Located in the charming area of Wallasey, CH45 9LB, this detached property offers a unique opportunity to invest in a thriving rental market. The property boasts six flats, each with its own character and charm, making it an ideal choice for investors seeking a reliable income stream.
The area is steeped in history and offers a mix of modern amenities and traditional charm. Wallasey is a popular residential area, with a strong sense of community and a range of local shops, cafes, and restaurants. The nearby promenade offers stunning views of the River Mersey and the Wirral coastline, making it a popular spot for walkers and cyclists.
The property is situated just a short walk from the Wallasey Village train station, which provides regular services to Liverpool City Centre, Chester, and other destinations in the North West. The nearby Birkenhead Park station offers even more convenient access to Liverpool and other parts of the region.
For those who enjoy the great outdoors, there are several parks and green spaces within easy reach. The beautiful Birkenhead Park is just a short stroll away, offering scenic walking trails, playgrounds, and plenty of picnic spots. The nearby Wirral Country Park offers even more opportunities to explore the natural beauty of the region.
As an investment opportunity, this property offers significant potential for long-term returns. With its central location and proximity to local amenities, the demand for rental properties in the area is high. The property's unique design and layout also offer ample opportunities for renovation and refurbishment, allowing investors to add value through cosmetic improvements. There is planning permission to convert the largest flat to two one bedroom flats.
Property/ies are owned by a company. Best way to sell this is as a ltd company, you as a buyer will avoid any Stamp Duty. - But seek advise from a tax specialist to confirm this.
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 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 in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.
Places of interest
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Property reference BNJ_BNJ_LFSYCL_688_1027331957. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Benjamin Stevens Estate Agents - Edgware.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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