Lot 5 - Flat 4 Derby House, Derby Street, Ormskirk, Lancashire, L39 2DE

Unconditional Online Auction Sale
Guide Price* : £105,000 plus

Residential Investment
2 bedrooms Modern apartment in a great location
Monthly rent £625

Residential investment comprising amodern purpose built 2 Bedroom first floor apartment sold with a tenant in situ paying a monthly rent of £625.

Description

A modern purpose built 2 Bedroom first floor apartment sold with a tenant in situ paying a monthly rent of £625. The accommodation briefly comprises; communal hallway with lift to all floors, hallway, lounge, modern fitted kitchen, two double bedrooms, En-Suite shower room to the main bedroom & modern bathroom suite. The property further benefits from the addition of double glazed windows, electric heating system and is an ideal opportunity for buy to let investor, or subject to obtaining vacant possession post acquisition first time buyers or those who require a town centre location.

Location

Situated adjacent to West Lancashire Council offices in Ormskirk and therefore enjoys a very desirable location whilst being situated close to numerous local amenities. The property is a short walk from Ormskirk railway and bus stations both of which provide direct access into Liverpool City Centre. There is also nearby access to the Motorway Network at Bickerstaffe (M58), whilst Ormskirk town centre and it's impressive variety of Supermarkets, shops, restaurants and bars is also situated within walking distance. Edge Hill University, Primary & Secondary Schools and Ormskirk Hospital are also located locally, as is the superb Coronation Park & swimming pool/leisure centre.

Tenure

Leasehold for 999 years from 1st January 2005 at a ground rent of £175 per annum. The annual service charge is £1052.24.

Accommodation

COMMUNAL ENTRANCE
HALLWAY
LOUNGE
MODERN FITTED KITCHEN
MASTER BEDROOM WITH EN-SUITE SHOWER ROOM
BEDROOM TWO
BATHROOM SUITE

Outside

Communal Gardens and car park. The apartment has two parking permits.

Tenancies

We understand that the property is let on an AST at a rent of £625 per month. The copy agreement states £600 per month and the vendor informs us that they subsequently agreed an increase.

EPC

Energy Asset Rating is C.

Council Tax Band

Buyers Administration Fee

There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.

Additional Information

1. We understand from the seller that the tenant has been served a section 21 notice but did not vacate an EPC certificate was not served at the commencement of the tenancy.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

3. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Our system has detected that JavaScript is disabled. JavaScript is required for this website to display bidding information properly. Please enable JavaScript on your browser to receive live bidding information or to be able to bid.