12A Homebank House, 1 Bidston Road, Prenton, Merseyside, CH43 2GB

Guide Price = £10,000+

**For Sale By Online Auction To inspect the legal documents for this property go to our website to download the legal pack**

A Ground Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £9,120 Per Annum

Tenure Leasehold. The property is held on a 99 year lease from 1st September 1984 (thus approximately 57 years unexpired).

Location The property is situated on a residential road close to local shops and amenities. The open spaces of Duck Pond Lane Park are within easy reach. Transport links are provided by Upton rail station.

Description The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and two upper floors. The property requires a program of refurbishment.

Accommodation Ground Floor Reception Room Kitchen Bedroom Bathroom

Exterior The property benefits from communal gardens.

Tenancy The property is subject to a Periodic Tenancy at a rent of £760 per calendar month.

Further Information When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating C

Viewing Schedule (No Booking Required)

Saturday 10 October 11:00 - 11:30 Saturday 17 October 11:00 - 11:30

Addendum For the avoidance of doubt, the current rent reserved is £9,120 per annum and not as previously stated.