Auction Property Details

228-232a Knowsley Road, Bootle, L20 5DG

Lot 74 - 28.05.2015

WITHDRAWN

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

228-232A KNOWSLEY ROAD, BOOTLE, L20 5DG

RESIDENTIAL

WHY BUY?
4 x self contained flats
Scope to add capital value
Good rental area
Potential income £18,600pa

DESCRIPTION
Three, 3 storey terrace properties that have been configured to provide 4 x self contained flats in total. 2 x one bedroom, 1 x two bedroom and 1 x three bedroom, with 2 flats benefitting from their own private entrances. The property is in need of modernisation and refurbishment, but does offer the potential to have 4 good size units in a good rental area. Once a schedule of works are completed that should the one bedroom flats rent for £350pcm, the two bedroom flat for £400pcm and the three bedroom flat for £450pcm the potential annual income would be £18,600pa fully occupied. There may also be the potential to reconfigure the property to increase the number of units subject to the necessary consents.

LOCATION
On the corner of Knowsley Road by the junction with Hornby Boulevard under the rail bridge. There are numerous shops and amenities on Knowsley Road. Bootle Town Centre is 5 minutes walk away while Liverpool City Centre is just 4 miles away.

ACCOMMODATION
228: First floor flat- Bedroom 1, bathroom, bedroom 2, kitchen, living room; Second floor - bedroom 3
230: Ground floor flat - living room, kitchen, bedroom, bathroom
232: Ground floor flat - living room, kitchen, bedroom, bathroom
232A: First floor flat - Bedroom 1, bathroom, kitchen, living room; Second floor - bedroom 2

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.