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Flats 1-5, 46-50 Grange Road, Birkenhead, CH41 4DA
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- PROPERTY TYPE
Block of Apartments
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- To be offered on Tuesday 3 September
- High Yielding Residential Investment
- Freehold Block of 5 Flats
- Fully Let on ASTs
- Producing a Total £25,200 per annum
- Long Average Lease Expiry of Four Years
- Guide Price Reflects 14% Gross Yield
- Adjacent Lots Available
Description
StrapLine
Auction Sale - 03/09/2024High Yielding Residential Investment Opportunity
Freehold Block of 5 x One Bedroom Flats Producing a Total £25,200 per annum
Description
The property comprises a freehold block of 5 x one bedroom flats located in the centre of Birkenhead.
Arranged across first floor and accessed from a rear entrance off Eastbourne Road, the block is fully let of five separate assured shorthold tenancy (AST) agreements producing a total aggregate rent of £25,200 per annum.
The majority of the units are let on ASTs expiring in 2029 and 2030, offering an attractive investment providing longer term certain than many other opportunities. Please see the below tenancy schedule and legal pack for more information.
Grange Road is an established mixed-use street in the heart of Birkenhead. The surrounding area is a mix of retail and residential uses and the property benefits from easy access to the amenities of Birkenhead town centre.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Flats 1-5, 46-50 Grange Road, Birkenhead, CH41 4DA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Conway Park Station0.5 miles
- Birkenhead Central Station0.5 miles
- Birkenhead Park Station0.7 miles
About the agent
Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 154-12715. 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 Savills Auctions, London. 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.
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 Savills Auctions, London on 020 3909 6715.
*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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