2 bedroom Flat for sale,

Prescot Road, St. Helens, Merseyside, WA10

Bedroom 1

16'5" x 12'6" (5.00m x 3.80m)

Double glazed window to rear, radiator and carpet.

Bedroom 2

19'6" x 10'10" (5.94m x 3.30m)

Double glazed door to rear leading to another entrance to the apartment, radiator and carpet.

Bathroom

10'1" x 5'6" (3.07m x 1.68m)

Panelled bath with shower over, lower level W.C, pedestal wash hand basin, wall mounted radiator.

Leasehold

(21.02.2018) Short particulars of the lease(s) (or under-lease(s))under which the land is held:Date : 6 November 2017Term : 125 years from 6 November 2017Ground Rent : £250 per yearService Charge : £585 per year

Investment Opportunity

Brought to the market through the modern method of auction this ground floor two bedroom apartment is ideal for an investor! The current tenant is on a rolling monthly contract and paying £425pcm (based on current market could be increased to £450pcm) this giving a potential gross return (bought at asking price) of 9.82% per annum.

Auction Disclaimer

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successfulauction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of £6,000k which secures the transaction and takes the property off the market. The buyer will be required to sign anAcknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.Please note this property is subject to an undisclosed Reserve Pricewhich is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by powered by iam-sold Ltd or iam-sold Ltd .TO VIEW OR MAKE A BID Contact Reeds Rains or visit: www.agentauctionpage.co.uk

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.