Property for sale
Property description & features
- Tenure: Freehold
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.
Property information from this agent
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*DISCLAIMER
Property reference 33321288. 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.
OnTheMarket may have applied supplementary data to this property listing, including:
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.