Auction Property Details

39 Grantham Street, Liverpool, L6 6BU

Lot 12 - 28.05.2015

Available £42,000

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

39 GRANTHAM STREET, LIVERPOOL, L6 6BU

INVESTMENT

WHY BUY?
2 Bedrooms
£4,200pa income
Recently tenanted
Good rental area

DESCRIPTION
This is a 2 bedroom mid terrace property which has just recently been let by way of an AST at £350pcm/£4,200pa. The property is in good order throughout and benefits from double glazing and central heating. In a popular rental area this would make an ideal investment offering a fairly straightforward gross yield of 12% if purchased at £35,000. There is also the potential to make some improvements, mainly decorative, and increase the rental income to circa £5,000pa.

LOCATION
The property is located just off Kensington with plenty of amenities within walking distance. There are good public transport links to Liverpool City Centre which is only 2 miles away. The Royal Liverpool University Hospital is less than 1 mile away.

ACCOMMODATION
Ground floor: Front reception, dining room, kitchen, bathroom
First floor: 2 x double bedrooms
Outside: Small yard to the rear, on-street parking to the front

NB: Please note the buyers fee for this property will be £750.00 + Vat

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.