House For Sale £195,000
Seize a remarkable investment opportunity with this block of three self-contained apartments in the thriving locale of Bootle, Liverpool. Currently leased at £425 per month per flat, this property presents an enticing prospect for investors looking to maximize rental income and capitalize on the area's growing demand.
The property is fully managed, at 10% of rental income by DMS Associates (UK) - this means you could start enjoying returns seamlessly upon completion.
Key Investment Highlights:
Room for Rent Increase: Unlock additional value with the potential for a rent increase. The current rental rates represent a conservative estimate, offering room for adjustment in alignment with the market trends and demand in the area.
Secure and Consistent Income: Benefit from the security of a consistent rental income from three well-maintained and self-contained apartments. With reliable tenants already in place, this investment minimizes the risk associated with vacancies.
Modern Living Spaces: The apartments feature modern designs with individual bathrooms, kitchens, and central heating systems.
Low Vacancy Risk: The existing occupancy of all three flats underscores the attractiveness of this property to tenants. Take advantage of a low vacancy risk and enjoy a hassle-free investment experience.
Strategic Location for Rental Demand: Positioned in a high-demand area of Bootle, this property is poised to attract tenants seeking convenience and accessibility. Explore the potential for continued demand and sustained rental growth.
Proximity to Amenities: With easy access to local amenities, schools, and transportation hubs, tenants enjoy a convenient lifestyle, further enhancing the property's appeal in the rental market.
Contact us today to secure this block of three self-contained apartments and capitalize on this unique opportunity in the Bootle market.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Tenure: Freehold
The property is fully managed, at 10% of rental income by DMS Associates (UK) - this means you could start enjoying returns seamlessly upon completion.
Key Investment Highlights:
Room for Rent Increase: Unlock additional value with the potential for a rent increase. The current rental rates represent a conservative estimate, offering room for adjustment in alignment with the market trends and demand in the area.
Secure and Consistent Income: Benefit from the security of a consistent rental income from three well-maintained and self-contained apartments. With reliable tenants already in place, this investment minimizes the risk associated with vacancies.
Modern Living Spaces: The apartments feature modern designs with individual bathrooms, kitchens, and central heating systems.
Low Vacancy Risk: The existing occupancy of all three flats underscores the attractiveness of this property to tenants. Take advantage of a low vacancy risk and enjoy a hassle-free investment experience.
Strategic Location for Rental Demand: Positioned in a high-demand area of Bootle, this property is poised to attract tenants seeking convenience and accessibility. Explore the potential for continued demand and sustained rental growth.
Proximity to Amenities: With easy access to local amenities, schools, and transportation hubs, tenants enjoy a convenient lifestyle, further enhancing the property's appeal in the rental market.
Contact us today to secure this block of three self-contained apartments and capitalize on this unique opportunity in the Bootle market.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Tenure: Freehold
