INVESTMENT
WHY BUY?
3/4 Bedrooms
Potential student let
Currently achieving £7,800pa
Walking distance to all Unis
DESCRIPTION
This is a deceptively large 3 bedroom mid terrace property that is currently rented to a company for £650pcm/£7,800pa who use the downstairs front reception as a fourth bedroom. The property is in good condition throughout and benefits from central heating and double glazing. If the property was taken back into possession and rented on a room by room basis to students at £90pppw there is potential to increase the annual income to £18,720pa. There may also be some scope to extend to the rear and go into the loft, subject to getting the relevant consents, and getting possibly a further 3 bedrooms and increasing income to £32,760pa based on £90pppw for 7 lettable rooms inclusive of bills.
LOCATION
Located just off Kensington High Street with numerous bars, shops and amenities right on the doorstep. Liverpool City Centre, Royal Hospital and all Universities are within walking distance.
ACCOMMODATION
Ground floor: Front reception/bedroom 4, rear reception, kitchen
First floor: 3 x bedrooms, bathroom
Outside: Yard to rear, parking to front