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4 bedroom mixed use for sale

374 Poulton Road, Wallasey

Guide Price* £85,000

Property Description

Full description

For Sale by Auction 14th December 2016

Ground floor retail unit
2 x self contained flats
Producing £10,800pa
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.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Venmore, Auction Department on 0151 236 6746.

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