My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

Flats 1, 2, 3 and 5, 16 Wellington Road, Prenton, Merseyside CH43 2JE

Lot no: 152 Postponed

Guide Price £373,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th April 2023

Key Features
  • Four Apartments, including building Freehold
  • Apartments 1,2,3 currently tenanted generating £1,935 per calendar month
  • Apartment 5 previously tenanted at £525 per calendar month
  • Potential yield of over 7% against guide price
  • Great location close to Oxton Village
  • Potential to improve and increase rentals
  • EPC Rating: D,F,E,C
  • Council Tax Band: A,A,A,A
Add to favourites

Block of Apartments

Property Description:

We are delighted to offer this extensive period Semi-detached house comprising of Five apartments. Included in this sale are Apartments 1-2-3-5 and the building freehold. Located within a few minutes walk to the popular Oxton Village, this property is ideally located for all Oxton has to offer.

Three apartments currently with sitting tenants generating an income of £1,935 per calendar month. With Apartment 5 previously tenanted at £525 per calendar month. Giving any potential buyer a potential yield of above 7% against guide price.

Also included in the sale, is the freehold for the whole building.

Flat One - Ground floor flat

Total floor area: 112 square metres

Flat Two - Top floor flat

Total floor area: 91 square metres

Flat Three - Mid-floor flat

Total floor area: 78 square metres

Flat Five - Basement flat

Total floor area: 62 square metres


Please be advised that, whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.


Leasehold. Part let/part vacant.

Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.