2 bed flat for sale

Peel Road, Bootle L20

Summary

Tenanted Investment - 14% gross yield! *Pictures prior to tenants moving in and carpets being fitted throughout*

An excellent opportunity to acquire a turnkey investment property on Peel Road, Bootle (L20). This two-bedroom maisonette apartment was refurbished less than 12 months ago and is ideally located within walking distance of local schools, shops, amenities, and North Park. Upon entering, the hallway provides access to the rear entrance and private backyard, along with a staircase leading to the first floor. The first floor features a spacious reception area, two well-proportioned bedrooms, a modern kitchen, and a bathroom.

On street parking, gas central heating and double glazing.

Rental achieved: 600pcm
Leasehold - 999 years from 2019
Service Charge: 1470.56 per annum
Ground Rent: 250 per annum
EPC Rating C
Council Tax Band A
Built - approximately 1900-1929

Roof leak has caused some damp issues - the seller has advised the job for repairing this has been paid for and the contractors have been instructed.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 993
Ground Rent Review Period: 250 per annum
Service Charge Review Period: 1470.56 per annum

Reception 1

Large reception room with freshly painted walls and new carpet to be fitted.

Kitchen

Fully fitted kitchen with wood affect units and black worktops. Freshly painted throughout.

Bedroom 1

Double bedroom with freshly painted walls andnew carpet to be fitted.

Bedroom 2

Second bedroom with freshly painted walls and new carpet to be fitted.

Bathroom

White three piece suite including bath with overhead shower, wash basin and W/C.

Yard

Small yard to the side with access to the property.

Auctioneers Additional Comments

Pattinson Auction are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer .

The property is available to be viewed strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

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. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid' or Guide Price' and is accompanied by a Reserve Price'. The Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price' / Starting Bid'.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

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.

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 equivalent to 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 their 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.