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Lot

20

60 Old Chester Road, Birkenhead, CH42 3QA

Bidding Closed

SOLD FOR

Property Enquiries

Jeremy Lamb

jeremy.lamb@bidx1.com
+44 (0) 20 7703 4401

Property Enquiries

Michael Atwood

Michael.Atwood@bidx1.com
+44 (0) 20 7703 4401

Property Enquiries

Richard O'Neill

Richard.O'Neill@bidx1.com
+44 (0)20 3912 6260

Viewings/Registration Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Chris Ledgerwood

chris.ledgerwood@wbd-uk.com
+44 (0)191 279 9808

Description

Map

Viewings


Property Summary
  • By order of a major Plc.
  • A detached freehold unbroken apartment block.
  • Comprising 27 x two bedroom apartments.
  • Arranged over ground and four upper floors.
  • Benefits from off street parking and communal garden.
  • Let under 26 x tenancies & 1 vacant apartment.
  • Total current rent reserved £155,280 p.a
Tenure

Freehold.

Location
  • Introduction: Close to Birkenhead town centre.
  • Population: 88,818 (Census 2011).
  • Situated: Birkenhead town centre - 1 mile north, Liverpool city centre - 3 miles north west.
  • Roads: M53, A41.
  • Rail: Green Lane & Birkenhead Central railway stations.
Situation

The block is situated within an established residential area close to the junction with Sidney Road. Shopping amenities can be found on Old Chester Road and the nearby Rock Retail Park. Green Lane railway station is close by.

Description

The building is arranged over ground and four upper floors to provide a detached unbroken apartment block. Internally there are 27 x two bedroom self-contained apartments. The penthouse apartments benefit from large balconies, and the property further benefits from off-street parking and communal gardens.

Rental Information

Total Current Rent Reserved: £161,220 per annum.

Property Table
Unit Accommodation  Size     Terms of Tenancy Current Rent Reserved (£ p.a.)
1 Two bedrooms, reception room/kitchen, bathroom/wc.              74 sq m Let on a AST from 05/06/2018 £5,400
2 Two bedrooms, reception room/kitchen, bathroom/wc.  74 sq m Let on a AST from 09/05/2017 £5,940
3 Two bedrooms, reception room/kitchen, bathroom/wc.      74 sq m Let on a AST from 10/06/2014 £5,940
4 Two bedrooms, reception room/kitchen, bathroom/wc.              74 sq m Let on a AST from 31/01/2017 £5,940
5 Two bedrooms, reception room/kitchen, bathroom/wc.     57 sq m Let on a AST from 01/02/2015 £5,400
6 Two bedrooms, reception room/kitchen, bathroom/wc.      80 sq m Let on a AST from 05/03/2013 £5,940
7 Two bedrooms, reception roomkitchen, bathroom/wc.       84 sq m Let on a AST from 24/01/2013 £6,240
8 Two bedrooms, reception room/kitchen, bathroom/wc.               74 sq m Let on a AST from 10/02/2017 £5,940
9 Two bedrooms, reception room/kitchen, bathroom/wc.      84 sq m Let on a AST from 28/05/2016 £6,240
10 Two bedrooms, reception room/kitchen, bathroom/wc.       74 sq m Let on a AST from 02/04/2016 £5,400
11 Two bedrooms, reception room/kitchen, bathroom/wc.      57 sq m Let on a AST from 03/03/2017 £5,400
12 Two bedrooms, reception room/kitchen, bathroom/wc.      80 sq m Let on a AST from 23/06/2017 £5,520
12A Two bedrooms, reception room/kitchen, bathroom/wc.      84 sq m Let on a AST from 24/04/2015 £5,400
14 Two bedrooms, reception room/kitchen, bathroom/wc.      74 sq m Let on a AST from 06/06/2017 £5,700
15 Two bedrooms, reception room/kitchen, bathroom/wc.     84 sq m Let on a AST from 06/07/2017 £6,240
16 Two bedrooms, reception room/kitchen, bathroom/wc.      80 sq m Let on a AST from 27/11/2017 £5,940
17 Two bedrooms, reception room/kitchen, bathroom/wc.      57 sq m Let on a AST from 08/06/2018 £5,700
18 Two bedrooms, reception room/kitchen, bathroom/wc.      74 sq m Vacant -
19 Two bedrooms, reception room/kitchen, bathroom/wc.      84 sq m Let on a AST from 28/03/2014 £6,240
20 Two bedrooms, reception room/kitchen, bathroom/wc.     74 sq m Let on a AST from 29/09/2015 £5,940
21 Two bedrooms, reception room/kitchen, bathroom/wc.      84 sq m Let on a AST from 13/03/2018 £6,000
22 Two bedrooms, reception room/kitchen, bathroom/wc.      74 sq m Let on a AST from 29/10/2015 £5,940
23 Two bedrooms, reception room/kitchen, bathroom/wc.      57 sq m Let on a AST from 12/02/2016 £5,700
24 Two bedrooms, reception room/kitchen, bathroom/wc.      80 sq m Let on a AST from 22/07/2017 £5,940
25 Two bedrooms, reception room/kitchen, bathroom/wc.      111 sq m Let on a AST from 12/05/2017 £7,440
26 Two bedrooms, reception room/kitchen, bathroom/wc.     111 sq m Let on a AST from 08/11/2017 £6,900
27 Two bedrooms, reception room/kitchen, bathroom/wc.      91 sq m Let on a AST from 30/10/2017 £6,900
      Total £155,280 p.a.

NB: The property has not been internally instpected by BidX1, all measurements quoted are G.I.A. and are approximate. 

 

 

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted "subject to contract". Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
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  5. A minimum participation fee of £4,500 must be paid by all bidders who wish to partake in the auction. A participation fee of £4,500 is comprised of the £1,000 (inclusive of VAT) administration fee payable directly to BidX1 and £3,500 relating to your bidder security (partial deposit payment). A higher participation fee may be payable depending on the reserve price of the Lot. However, even in those circumstances, the administration fee shall remain at £1,000 (inclusive of VAT). The participation fee is fully refundable if you do not make the successful bid in relation to a Lot at auction. If you make a successful bid in relation to a Lot at auction your participation fee is non-refundable.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.