2 bedroom Mixed Use in Birkenhead
81 Woodchurch Lane, Birkenhead, CH42 9PL
- Lot No: 148
- Property Type: Mixed Use
- Contract Type: Unconditional with Variable Fee
Guide Price* £50,000+ plus fees
Result Sold Prior to Auction
Property Description
Mixed use building with a 2 bedroom flat over shop premises, with an opportunity for conversion to one bedroom flat via planning permission (as many others on the road have done). Good size yard to rear with parking space via gated alley access. 2 small lockable outbuildings in yard. Access to flat via the front door with shared vestibule area. This property has excellent transport links and is walking distance of local shops and schools. The property will be sold with vacant possession and has been rented out before for £500 and £400 respectively, which is £900 PCM, and based on guide price, is a potential 20% yield once developed! Downstair Shop Space Currently empty but could be converted into a one bedroom flat (subject to planning permissions) as many other properties have on the road. Property is in need of refurbishment so it is a blank canvas, perfect for investors. Upstairs 2 bedroom Flat A well-proportioned, larger than expected, flat with a second bedroom in the loft space with added dormer for additional head height. Access is via approved staircase. Property is in need of refurbishment so it is a blank canvas, perfect for investors. Double glazed windows throughout.
Bedroom 2 - 3.6m x 3.6m
(with more useable space in eaves, cupboard and behind stairs)
Occupancy
Vacant.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th April 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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