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35 Grosvenor Road, Wallasey CH45 1JY

Lot no: 156 Sold Prior to Auction
 

Guide Price £145,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • House of multiple occupation with six rooms
  • Potential for rent increase (current income £17,484 per annum, part let)
  • Prime location
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Sold Prior to Auction

House of Multiple Occupation

Property Description:

The property comprises a three-storey end of terrace HMO providing 6 rooms. The property is of traditional brick construction under a pitched roof.

The property occupies a rectangular plot with a shallow front forecourt and rear walled yard with gated access onto a service alleyway.

The property is situated on a corner position at the junction of Grosvenor Road and
Seymour Street in the New Brighton area of the Wirral Peninsula Birkenhead.

We have been verbally advised that 4 rooms are let at £362/£375/£380/£340 respectively giving an annual income of £17,484pa. We have not had sight of any agreements.

Ground Floor:
Entrance Porch
Hallway
Bedroom One
Communal Living Room
Kitchen/Dining Room
Rear Workshop/Storeroom

First Floor:
Landing
Three Bedrooms
Communal Shower Room and WC

Second Floor:
Landing
Two Bedrooms
Communal Bathroom/WC

Additional Information
Parking Arrangements: On street
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Gas central heating
Flood Risk: Very low
Broadband: Standard and ultrafast available
Mobile Signal: O2, EE, Three and Vodafone available
Satellite and Cable TV Availability: BT and Sky

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Subject to tenancy.




Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.