Auction Property Details

48 Empress Road, Kensington, Liverpool, L7 8SE

Lot 67 - 28.05.2015

SOLD £98,000

FOR SALE BY PUBLIC AUCTION THURSDAY 28TH MAY 2015 AT LIVERPOOL TOWN HALL

48 EMPRESS ROAD, KENSINGTON, L7 8SE

RESIDENTIAL

WHY BUY?
Close to Hospital
Potential to add capital value
Universities walking distance
Potential for 4 letting rooms

DESCRIPTION
This is a 2 bedroom mid terrace house that requires some refurbishment. The property benefits from double glazing, central heating and an attic conversion that could be utilised as a bedroom with the relevant consents. The property is in a popular student rental area and should the front reception also be utilised as a bedroom the property could have 4 x letting rooms. If rented at £90 per room per week inclusive the property has the potential to achieve an annual income of £18,720pa. There would also be scope to refurbish and sell as a family home on the open market.

LOCATION
Accessed directly from Kensington the property is only a few minutes walk to The Royal Liverpool Hospital and within walking distance to all Liverpool Universities. There are plenty of shops, bars and restaurants close by with Liverpool City Centre & Lime Street Rail Station only a mile away.


ACCOMMODATION
Basement: Storage space
Ground floor: Entrance hall, front reception, rear reception/dining, kitchen
First floor: Shower room, 2 x bedrooms
Attic: Large room with windows
Outside: Yard to rear, On-street parking to front

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.