Auction Property Details

13 Kremlin Drive, Liverpool, L13 7BU

Lot 70 - 28.05.2015

SOLD LATER

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

13 KREMLIN DRIVE, LIVERPOOL, L13 7BU

RESIDENTIAL

WHY BUY?
3 x one bed flats
Scope to add capital value
£14,400pa potential income
Good rental area

DESCRIPTION
This is a deceptively large 3 storey terrace house that has been converted to provide 3 x well laid out one bedroom self contained flats. The flats do require some modernisation but once a scheme of works have been completed they would be ideal as investments and if rented at £400pcm would have the potential annual income of £14,400pa and if purchased at £80,000 would offer a gross rental yield return of 18%.

LOCATION
The property is accessed from Queens Drive mid way between Tuebrook, Old Swan and West Derby. There are numerous shops, bars and restaurants on nearby West Derby Road. Liverpool City Centre is only 4 miles away with regular public transport links close by.

ACCOMMODATION
Communal entrance hall with access to, basement, rear garden, meter room, and stairs to all other floors
Flat 1: Ground floor - Living room, kitchen, bedroom, bathroom
Flat 2: Duplex - first floor - Living room & Kitchen : Second floor - Bathroom & bedroom
Flat 3: Duplex - Second floor - Bathroom & Bedroom : First floor - Living room & kitchen
Outside: Yard/garden 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.