1 bedroom apartment for sale

Reedville, Oxton, Wirral

Guide Price* £199,950

Property Description

Key features

  • Investment Opportunity
  • Block of Five Apartments
  • Maintained Communal Areas
  • Each Flat is Currently Yielding 4,550pa
  • Combined Yield of 22,750pa

Full description

For sale by Modern Method of Auction; Starting Bid Price £199,950 plus Reservation Fee.

Investment Opportunity! This is a block of five, one bedroom apartments conveniently located and just a short walk to both Birkenhead and Oxton.

This investment opportunity is currently yielding around £23,400pa for the current owner.
The development is split into five self contained apartments each comprising, living room, dining room, kitchen and bedroom.
Communal areas are easily maintained as the outside is pebbled and the inside hall stairs and landing are cleaned regularly.

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 buyer's 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 3.5% subject to a
minimum of £5,000 plus VAT 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 and conditions can be found in the Legal Pack which can be downloaded for free from the
auction section of our website or requested from our Auction Department.

Flat 1 Living Room 
4.65m x 3.2m

Flat 1 Bedroom 
2.95m x 2.03m

Flat 1 Kitchen 
2.95m x 1.55m

Flat 1 Bathroom 
2.18m x 2.06m

Flat 2 Living Room / Kitchen 
4.27m x 3.6m

Flat 2 Bedroom 
3.6m x 1.96m

Flat 2 Bathroom 
3.28m x 1.68m

Flat 3 Living Room 
3.68m x 3.2m

Flat 3 Kitchen 
3.07m x 1.45m

Flat 3 Bedroom 
3.07m x 2.13m

Flat 4 Living Room 
4.67m x 2.26m

Flat 4 Bedroom 
3.02m x 1.98m

Flat 4 Kitchen 
3.43m x 1.63m

Flat 4 Bathroom 
2.46m x 1.47m

Flat 5 Living Room 
4.78m x 2.62m

Flat 5 Kitchen 
3.53m x 3.4m

Flat 5 Bedroom 
4.3m x 3.18m

Flat 5 Bathroom 
2.82m x 2.7m

More information from this agent

Listing History

Added on Rightmove:
22 October 2015

Nearest stations

  • Birkenhead Central (0.8 mi)
  • Birkenhead Park (0.8 mi)
  • Conway Park (0.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Karl Tatler Estate Agents, Prenton

347 Woodchurch Road, Prenton, CH42 8PE

0151 954 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Karl Tatler Estate Agents, Prenton

347 Woodchurch Road, Prenton, CH42 8PE

0151 954 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Birkenhead Central (0.8 mi)
  • Birkenhead Park (0.8 mi)
  • Conway Park (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Karl Tatler Estate Agents, Prenton

347 Woodchurch Road, Prenton, CH42 8PE

0151 954 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference PRE150864. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Karl Tatler Estate Agents, Prenton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

*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 Karl Tatler Estate Agents, Prenton on 0151 608 6333.


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