7 Flats at Daniel House, 31, Trinity Road, BOOTLE, Merseyside, L20 3TB
Barnard Marcus AuctionsBarnard Marcus Auctions is one of the UK’s leading property auction houses, offering a wide range of residential and commercial properties across the country. With regular auctions held in London, they provide a fast, transparent, and efficient way to buy and sell properties, attracting investors, developers, and homebuyers alike.
Read more Read moreTHERE IS AN ANNOUNCEMENT RELATING TO THIS LOT (AS BELOW) THIS HAS ALSO BEEN ADDED TO THE LEGAL PACK. IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE. Announcement Please see the “ANNOUNCEMENT” on the Legal Docs. There are revised special conditions of sale for this lot, copies of which are available from the Auctioneers website and a copy will be attached to the contract A portfolio of 7 x 2 bedroom flats Current rental income of approximately £39,600pa. All tenanted units on AST’s. Potential to increase rental income when fully occupied to approximately £46,200pa. Description A portfolio of 7 x 2 bedroom flats being sold within the same apartment block. At the time of releasing the properties to the market, 6 of the flats have tenants in situ and the vacant unit is being marketed to find a new tenant. The 6 flats which are tenanted are achieving £550pcm on ASTs and all of the properties have 2 bedrooms. This is a great opportunity for an investor to add to an existing portfolio or to create a new portfolio with an instant return on their investment. At full occupancy there is the potential to achieve £46,200, based on the current rental values. Accommodation 7 x 2 bedroom flats 102 Daniel House (title address 22) EPC: B Council Tax Band: A Tenancy: Let on an AST £550pcm 213 Daniel House (title address 50) EPC: B Council Tax Band: A Tenancy: Let on an AST £550pcm 216 Daniel House (title address 53) EPC: B Council Tax Band: A Tenancy: Let on an AST £550pcm 312 Daniel House (title address 66) EPC: C Council Tax Band: A Tenancy: Let on an AST £550pcm 314 Daniel House (title address 68) EPC: B Council Tax Band: A Tenancy: Vacant 315 Daniel House (title address 69) EPC: B Council Tax Band: A Tenancy: Let on an AST £550pcm 415 Daniel House (title address 86) EPC: C Council Tax Band: A Tenancy: Let on an AST £550pcm Tenure: Leasehold. 250 years from 1st February 2016. Ground rent: £230.00 p/a (2023) Service Charges for Q1 2023 range from £679-£692 per flat. Viewings: Bagshaws Residential, 32-34 Cornmarket, Derby, DE1 2DG. Tel: 01332 542296.
