8 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
*AUCTION START TIME: 10AM THURSDAY 19TH SEPTEMBER 2024*
*AUCTION END TIME: 12PM THURSDAY 19TH SEPTEMBER 2024*
Flexi Agent are proud to promote this EXCELLENT INVESTMENT OPPORTUNITY, currently FULLY LET achieving approximately £88,200 pa annum (current owner pays bills).
This exciting proposition offers a staggering 13.5% gross investment yield at the advertised price & contains a mixture of first, second and third floor apartments and a ground floor office space.
A breakdown of the income can be seen below:
Office Rent: £1500pcm including bills
Apartment 1: £800pcm including bills
Apartment 2: £800pcm including bills
Apartment 3: £900pcm including bills
Apartment 4: £800pcm including bills
Apartment 5: £800pcm including bills
Apartment 6: £800pcm including bills
Apartment 7: £950pcm including bills
The property is split into 7 self contained apartments and a ground floor office.
Each individual unit has been recently FULLY MODERNISED, with significant investment having already been made, completely future proofing the investment for the successful purchaser.
Externally, the property offers a private car park to the rear, which is utilised by the ground floor office.
*AVAILABLE NO CHAIN*
Viewings available upon request.
Tenure: Freehold
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*The following non-refundable fees apply:*
*Buyer's Fee*
A Buyer’s Fee is payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property.
*4% (plus VAT) of the purchase price.*
The Buyer’s Fee is always subject to a minimum of £4,000 (plus VAT). The Buyer’s Fee does not contribute to the purchase price..
*Deposit*
On exchange of contracts, you must pay a non-refundable deposit equal to *10% of the actual purchase price of the property*. The deposit contributes towards as part of the purchase price.
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Property reference 33321275. 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 Flexi Agent - Southport.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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
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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 December 2, 2015 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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