Lot
046
Auction: May 2023 Online Auction 24/05/2023 - Bidding opens Tuesday 23rd May 10:00 AM

21a & 21b Hampton Road, Southport, Merseyside, PR8 6SR

Property Details
Location
Description
A residential investment opportunity comprising a double fronted detached house which has been converted to provide 1 x 2 bedroom and 1 x 3 bedroom flats over ground and first floors. Both of the flats are currently let at a combined rent of £1,348pcm, equivalent to £16,186 per annum.
Location
The property fronts onto Hampton Road, a tree lined street consisting of attractive period properties and a short walk from Southport Town Centre. The immediate surrounding area is mainly residential with local amenities and facilities close by. Southport sits 19 miles north of Liverpool.
Accommodation
Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the vendor in the way of a report dated 2020.

21a:Kitchen, Living Room, Bedrooms x 2, Office, Bathroom
21b:Kitchen, Living Room, Bedrooms x 3, Bathroom

Tenancy

1. We understand the ground floor flat is let at £598.85pcm whilst the first floor is let at £750pcm but currently only £375pcm is being received and current rental arrears total approximately £4,500. 

2. We
understand the reason for the current rental arrears on the top floor flat is
that there were 2 people sharing and 1 has left. The remaining tenant is
continuing to pay her share of the rent at £375pcm.

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD MAY AND CLOSES ON WEDNESDAY 24TH MAY.

3. The property is listed with a Council Tax assessment in Band B.

4. Energy Performance Certificate = D.

5. Pugh & Co have not inspected the property internally and the accommodation details have been provided by the vendor.

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