Residential Property for Auction Merseyside CH41 £110,000+

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Auction date: Wed, 07/02/2024 - 13:00

A large corner property currently configured as two flats. The ground floor comprises of a one-bedroom flat, currently tenanted on an AST of £433.00 pcm. The auctioneers are reliably informed that the tenant is due to vacate once suitable Housing has been provided. Following some upgrade, this could re-let in line with market rents to circa £450-£500pcm. Upstairs is a large 2/3 bedroom flat, in need of final works to a provide spacious accommodation. Ideal for a developer, there is scope to increase capital value of the building or place on the private rental market for a high yield return. The property also includes 2 x garages at the side, previously rented out as storage.

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