4 bedroom mixed use for sale374 Poulton Road, Wallasey
Guide Price* £85,000
For Sale by Auction 14th December 2016
Ground floor retail unit
2 x self contained flats
Potential to increase income
This is a mid terrace 3 storey property that is configured to provide retail to the ground floor as well as one bedroom & three bedroom self contained flats. The property is fully occupied producing a combined £900pcm/£10,800pa, but does have the scope to update and increase the rental income. Ideal as a long term investment with yield returns in excess of 10%.
Just a short distance from the local shops and Liscard shopping centre which include Cherry Tree Shopping Centre and Liscard Indoor Market. Transport links nearby include a bus station for regular buses to Liverpool & Wirral destinations and easy access to M53 Motorway and Kingsway Tunnel to Liverpool
Ground floor: Retail unit with shop floor, store and wc - currently tenanted to a Blind Shop
Ground floor - Flat one - accessed from the rear: bedroom, kitchen, living room, bathroom
First & Second floor - Flat two - 3 x bedrooms, kitchen, bathroom, living room
NB - Venmores have not carried out an internal inspection - all details supplied by the vendor
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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