Two Self Contained One Bed Flats – Fully Let and Producing £7,796 pa

Traditionally constructed two storey terraced property briefly comprising two self-contained one bed flats. The flats benefit from gas fired central heating, upvc double glazing and separate meters. The first floor flat has just been redecorated and re-carpeted. Accommodation Ground Floor (20) Lounge/Dining Room, Double Bedroom, Kitchen and Bathroom First Floor (20a) Entrance Hall, Lounge/Dining Room, Double Bedroom, Kitchen and Bathroom External – rear yard/garden with car port/off road parking – used by ground floor tenant Tenancies Both flats are currently let as follows: Ground Floor (20) – let by way of AST at £303 pcm (£3,636 pa) to private individual (now retired) in occupation since 2004. First Floor (20a) – let by way of AST at £80 per week (£4,160 pa) to a private individual in employment who has been in occupation since 2017. Total Current Rent £7,796 pa There is potential to increase the rentals, if required. The Local Housing Allowance (LHA) Rate for St Helens is £86.30 per week. If the LHA was applied then the potential income would increase to £8,975 pa. Location Situated fronting Broad Oak Road in the Parr area approximately 1 mile east of St Helens town centre. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

St Helens Metropolitan Borough Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.