Investment Opportunity - Freehold Block of 4 Flats

An excellent opportunity to acquire a freehold block of tenanted flats, already generating rental income. Ideally located on Prenton Road West, the property is within walking distance of local shops, amenities, Duck Pond Lane Park, and Oxton Fields.

Property Overview:

- Comprises two 2-bedroom apartments and two 1-bedroom apartments

- Gas central heating and double glazing throughout

- Off-road parking at the front and a communal garden at the rear

Key Highlights:

- Each flat is on a separate title

- Individual utility supplies for each flat

- Current rental income: £30,840 per annum, with potential for increase

- Fully compliant with regulations

Guide Price: £340,000

Council Tax Bands: All Band A

EPC Ratings: D, E, C, E

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and

are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being

shared between both the marketing agent and The Auctioneer in order that all matters can be dealt

with ef fectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction

terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The

Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The

Auctioneer.

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.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will

be required to adhere to a verif ication of identity process in accordance with Anti Money Laundering

procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment f rom the seller, upon exchange of contracts

the successful bidder will be expected to pay a non-refundable deposit of 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 benef icial to the customer to

pass your details to third party service suppliers, f rom which a referral fee may be obtained. There is

no requirement or indeed obligation to use these recommended suppliers or services.