FLAT 4, 19 EGERTON PARK, BIRKENHEAD -Smith and Sons (en-GB)

Designed initially as a gated community, Egerton Park provides a quiet residential location, within easy reach of the usual amenities including shops, schools and public transport. This particular property comprises a refurbished first floor flat and has been upgraded to a good standard with modern kitchen and bathroom fittings, gas central heating and double-glazed windows. It is suitable either for owner occupation or investment and was last let at £425 pcm. The buyer will also purchase the freehold of the development and as such will be able to collect ground rents, charge for lease extensions and levy fees for other alterations as set out in the terms of the long lease. The property is set in mature gardens with plentiful car parking. The benefits of owning the freehold together with rental income from the flat makes this a high yielding opportunity.

Details

Auction Date	02nd May 2019
Lot Number	29
Guide Price	£55,000 to £65,000
Status	Sold Prior
Lot Type	Vacant Residential
Address	Flat 4, 19 Egerton Park, Birkenhead, view on map
Tenure	Leasehold

Location

Accommodation

Flat 4	Hall with storage cupboard, fitted kitchen with a good range of modern base and wall units including built in oven hob and extractor, large lounge with laminate floor and picture window overlooking rear garden. There is a short flight of stairs leading down to a double bedroom with walk in storage and modern bathroom suite with shower over bath and heated towel rail.
Externally	There are front, side and rear mature gardens with plentiful parking.
Long lease details	Flat 4 is sold on a long lease for a term of 127 years from the completion date. Flats 1,2 and 3 are let on leases of 99 years from 1978, 1985 and 1976 respectively with peppercorn ground rents. Flat 5 is let for a term of 139 years from 1976 at a ground rent of £150 p.a.

Legal Pack

Floor plans

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£55,000 - £65,000