Auction Property Details

163 Westminster Road, Liverpool, L4 4LR

Lot 34 - 28.05.2015

WITHDRAWN

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

163 WESTMINSTER ROAD, LIVERPOOL, L4 4LR

INVESTMENT

WHY BUY?
3 self contained flats
Rental income £9,000pa
Newly refurbished
Fully tenanted

DESCRIPTION
This is a 3 storey mid terrace property thats been converted to provide 1 x one bedroom and 2 x studio self contained flats. The property was recently refurbished and benefits from double glazing. The property is fully tenanted at £250 per flat per month giving a total annual income of £9,000pa. If the property was purchased at £65,000 the rental yield return would be 14%. This area of Westminster Road has had some major regeneration works recently with numerous new build houses and flats directly across the road and closer to town.

LOCATION
Close to the junction with Barlow Lane and running parallel to Walton Road. There are numerous shops and amenities within walking distance with County Road only a short walk away. Liverpool City Centre is only 2.5 miles away with regular buses close by and Kirkdale Rail Station only a few minutes walk away.

ACCOMMODATION
Flat 1 - Ground floor - bedroom, kitchen, bathroom, living room
Flat 2 - first floor - living room/bedroom, kitchen, bathroom
Flat 3 - second floor - living room/bedroom, kitchen, bathroom
Outside: yard to rear

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.