2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- For Sale By Auction T+Cs Apply
- Subject To An Undisclosed Reservation
- Reservation Fee Applicable
- Investment Opportunity
- Two bedrooms
- Ground Floor Apartment
- No Onward Chain
Brought to the market through the modern method of auction this ground floor two bedroom apartment is ideal for an investor! The current tenant is on a rolling monthly contract and paying £425pcm (based on current market could be increased to £450pcm) this giving a potential gross return (bought at asking price) of 9.82% per annum.
Positioned on Prescot Road allows direct access through to St Helens town centre offering amenities such as supermarkets, cinema, restaurants and bars. Within walking distance there are local schools, shops and parks.
In brief the property comprises of a ground floor entrance to the rear of the apartment block which is direct into the apartment. There is an open plan living room/kitchen, two bedrooms and bathroom. Externally there is a parking space to the rear which is communal along with communal outdoor decking area.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
SHE220237/2
Rooms
Living Room/Kitchen 6m x 3.7m (19' 8" x 12' 2")
Double glazed window to rear, double glazed door to side, kitchen comprises of matching wall and base units with work surfaces over, stainless steel sink unit with mixer taps, space for fridge/freezer and washing machine, integrated four ring hob and oven with extractor fan over.
Bedroom One 5m x 3.8m (16' 5" x 12' 6")
Double glazed window to rear, radiator and carpet.
Bedroom Two 5.94m x 3.3m (19' 6" x 10' 10")
Double glazed door to rear leading to another entrance to the apartment, radiator and carpet.
Bathroom 3.07m x 1.68m (10' 1" x 5' 6")
Panelled bath with shower over, lower level W.C, pedestal wash hand basin, wall mounted radiator.
Council Tax Band
A
Leasehold
(21.02.2018) Short particulars of the lease(s) (or under-lease(s))
under which the land is held:
Date : 6 November 2017
Term : 125 years from 6 November 2017
Ground Rent : £250 per year
Service Charge : £585 per year
Investment Opportunity
Brought to the market through the modern method of auction this ground floor two bedroom apartment is ideal for an investor! The current tenant is on a rolling monthly contract and paying £425pcm (based on current market could be increased to £450pcm) this giving a potential gross return (bought at asking price) of 9.82% per annum.
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 successful
auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of £6,000k which secures the transaction and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms (truncated)
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on May 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on May 10, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 24, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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