120/120A DERBY ROAD, TRANMERE -Smith and Sons (en-GB)

This deceptively large property has been extended and refurbished to a high standard to provide two self conained flats. It is situated on the corner of Derby Road and Fountain Street directly opposite St Catherine's Hospital. The property has on-site parking off Fountain Street with the potential to create further parking to the rear. The property has been reroofed, modern kitchen and bathroom fittings installed, the electrical installation renewed and each flat replastered. Each flat includes fixtures and fittings including sofa, bedroom furniture, beds and curtains/blinds.

Details

Auction Date	27th April 2016
Lot Number	21
Guide Price	£85,000 to £95,000
Status	Available
Lot Type	Residential Investment
Address	120/120A Derby Road, Tranmere, view on map
Tenure	Freehold
Tenancies	The first floor flat is let at a rental of £495 per calendar month. The ground floor flat has been let at £425 per calendar month. There is therefore a rental income of £11,040 per annum. There is therefore potential rental income of £11,100 per annum.
Viewing	By arrangement with the auctioneers.

Location

Accommodation

120a Derby Road	Lounge, double bedroom, dining room, kitchen with modern units including built-in oven/hob, extractor fan, fridge freezer and washing machine, bathroom with WC
120 Derby Road	Ground Floor Entrance hall, kitchen with good range of base and wall units including cooker, hob, fridge freezer, washing machine, dining room with French door to rear yard. First Floor: Landing, three bedrooms, lounge, bathroom/WC with electric shower.
Externally	There are separate yards for each flat.