Auction Property Details

39a Island Road, Liverpool, L19 6PA

Lot 7 - 21.07.2015

SOLD £200,000

FOR SALE BY PUBLIC AUCTION TUESDAY 21ST JULY 2015 AT LIVERPOOL TOWN HALL

39A ISLAND ROAD, GARSTON, LIVERPOOL, L19 6PA

INVESTMENT

WHY BUY?
Large Semi-detached house
Converted into three flats
Central heating & Double glazing
Rental income of £9,900 per annum

DESCRIPTION
A large three storey Victorian property which in the past has been converted into 3 self contained flats. Flats 2 & 3 are currently let on Assured Shorthold Tenancies producing a gross annual rental income of £9,900. Flat 1 which is the largest and best flat on the ground floor is currently owner-occupied however when let could achieve a rental of £550.00 pcm, taking the potential annual rental income to approximately £16,500. The property benefits from double glazing and gas fired central heating and each of the flats is in good decorative order. The property also benefits from a large cellar.

LOCATION
The property is situated fronting Island Road overlooking Long Lane recreation ground approximately 4 miles south of Liverpool City Centre.

ACCOMMODATION
Ground Floor: Communal entrance, hallway, Flat 1 - Open plan Living room, Kitchen, 2 bedrooms, bathroom, conservatory leading onto patio garden
First Floor: Flat 2 - Hall, living room, 2 bedrooms, kitchen, bathroom - Let at £425 pcm
Second Floor: Flat 3 - Hall, living room, bedroom, kitchen, bathroom - Let at £400 pcm
OUTSIDE: Gardens, driveway

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.