Property description

FOR SALE

Portfolio of 14 properties
Situated in Marled Hey, Liverpool, Merseyside
Current Gross Rental income £101,100 Per annum
Offers over £1.1 million invited for the whole portfolio
Gross return 10%

A residential investment opportunity to include 14 modern semi detached properties on the same street providing 8 x 4 bedroomed and 6 x 3 bedroomed properties. All of the properties are currently let to private tenant's by way of Assured Shorthold Tenancies producing a net income of £101,000 per annum.

All of the properties have been fully refurbished over the last 2 years and benefit from double glazing, central heating, newly fitted kitchens and bathrooms, ensuite shower/wc, front Driveway and large rear gardens.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Property Features :

• For Sale By Private Treaty
• Any enquiries please contact 0151 207 6315 or email cathy.holt@suttonkersh.co.uk
• Residential Investment