Auction Property Details

1 Hinton Street, Fairfield, Liverpool, L6 3AP

Lot 59 - 28.05.2015

SOLD £46,000

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

1 HINTON STREET, KENSINGTON, L6 3AP

INVESTMENT

WHY BUY?
Potential 4/5 bed flat
Ideal student rental
Rental potential £19,500
Potential to add value

DESCRIPTION
This is a large flat with accommodation over 2 storeys. Currently the flat is configured to provide 3 bedrooms, 2 kitchens, and 2 bathrooms, but does have the potential to reconfigure and provide 4/5 bedrooms. The property is in need of refurbishment throughout but would be ideal as a student rental once works are finished. If rented as a 5 bedroom flat with income of £75 per room per week the property could achieve an annual rental income of £19,500, subject to all the relevant consents. The property is situated above a shop on a separate 999yr leasehold and the sale is for the flat only.

LOCATION
The property is located just off Kensington near the junction with Sheil Road. Liverpool Royal Hospital is less than 1 mile away with all universities within walking distance and Liverpool City Centre 1.5 miles away.

ACCOMMODATION
Entrance from Hinton Street with stairs to:
First floor: Kitchen, bathroom, living room, bedroom
Second floor: kitchen, bedroom, bedroom, bathroom

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.