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Property Listing Details

Property for sale

17-24 Marine Park Mansions, Wellington Road, Merseyside CH45

Guide price

£6,000

Features

  • Freehold
  • For sale by auction
  • Ground rent

Description

Lot 107 - This lot is for sale by auction as lot 107 on Thursday 19th July 2018.

A Freehold Ground Rent Investment secured upon a Detached Building internally arranged to provide Eight Self-Contained Flats

Total Current Rent Reserved

£800 per annum

Tenure
Freehold.

Location
The property is situated on the south side of Wellington Road, opposite Marine Park. Local shops, schools and bus services are available, with the more extensive facilities of Wallasey also being accessible. Rail services run from New Brighton Station approximately 0.2 miles away. The open spaces of Harrison Park are to the south-west. The property benefits from views over the bay.

Description
The property comprises a ground rent investment secured upon a detached building arranged over ground and three upper floors. The building is internally arranged to provide eight self-contained flats.

Tenancies
Each flat is subject to a lease for a term of 125 years from 25th March 1989 (thus having approximately 96 years unexpired) at a current ground rent of £100 per annum.

Rights of Pre-emption
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Seller’s Solicitor

edc Lord & Co Solicitors (Ref il).Tel: Email: Ilevy:@edclord.Com

Guide Prices. 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 might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. 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. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Floorplan

No floorplan available

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Ss Peter and Paul Catholic Primary School 0.2 miles
  • New Brighton Primary School 0.4 miles
  • New Brighton 0.2 miles
  • Wallasey Grove Road 1.2 miles

Price history

Sold prices provided by Land Registry
29th Jun 2018 £6,000 First listed
1st Nov 2013 £225,000 Last sold

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Allsop LLP. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Allsop LLP for full details and further information.