Peel Road, Bootle, Liverpool
134 Peel Road, Liverpool, L20 4LB
- 0
Guide Price: *
£110,000
Fees apply
Buyer's fee:1.5% (min. £3,600)
All fees include VAT at 20%
Auction Type:
Traditional
Sold for:
£120,000Bid history
0 bidsAttractive investment opportunity consisting of 3 x spacious self-contained flats (2 x let, 1 x vacant) in the Merseyside town of Bootle, 5 miles north of Liverpool town centre. Local amenities nearby on Knowsley Road and Bootle New Strand station within walking distance. Currently producing a 9.2% gross yield with 1 x flat still to let.
This large end of terrace building consists of 3 x flats (2 x 1 bedroom and 1 x 2 bedroom) spread over 3 storeys and offers an incoming buyer a solid residential investment and has been let out for many years by the former owner. Being sold by the executors of the estate, the property is located in a heavily populated residential area within walking distance of Royal Seaforth Dock and has excellent transport links via the A565.
The Strand shopping centre nearby provides a wide range of shops and cafes as well as Bootle New Strand station.
Currently there are 2 of flats (1 x 1 bed and 1 x 2 bed) let out on Assured Shorthold Tenancies (ASTs) producing £845 per calendar month which equates to £10,140 per annum. Fully let, the building should produce £14,880 per annum which would give an investor a 13.5% yield if purchased at the advertised guide price.
Summary
- Lot number
- 8
- Auction end
- 26th Oct at 11:04
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
Summary
- Lot number
- 8
- Auction end
- 26th Oct at 11:04
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- Ask Agent
This property is being sold by:
My Auction
0207 101 4868
19 Berkeley Street, London W1J 8ED
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and My Auction Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by My Auction Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
