5 Bed Terraced House For Sale

FOR SALE BY ONLINE AUCTION 7TH FEBRUARY 2024:

**Excellent Investment Opportunity - Potential 20% Yield** A large 5 bedroom traditional town house, located in a popular residential location in Prenton. Being sold with vacant possession, the property has recently undergone refurbishment to Circo standards, including new roof, and enhanced fire safety measures. Each room offers double accommodation and is finished with modern décor. A strong, readymade buy-to-let investment opportunity, the rooms could be let on the current rental market for circa £110 - £115pppw, giving a potential income of £28,600 - £29,900 per annum. HMO licensing would be required via Wirral Borough Council Planning Department. As a private rental, it could be let for circa £900pcm.


ACCOMMODATION
Ground Floor: Entrance Porch, Hall, 2 x Letting Rooms, Kitchen/Dining Room,
First Floor: 3 Letting Rooms, 2 x Shower Rooms.
Outside: On-street Parking to Front, Yard to Rear.

LOCATION
Located close to the main A41 Borough Road, off Park Road South next to Birkenhead Park. The Queensway tunnel linking the Wirral to Liverpool is just over 2 miles away. There are plenty of local schools within walking distance and Birkenhead Town Centre is approximately half a mile away.

TENURE: Freehold

COUNCIL TAX: A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.