Auction Property Details

141 Rice Lane, Liverpool, L9 1AF

Lot 24 - 21.07.2015

AVAILABLE AT £50,000

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

141 RICE LANE, LIVERPOOL, L9 1AF

RESIDENTIAL

WHY BUY?
2 self contained flats
Popular rental location
Potential Income £9,000 pa

DESCRIPTION
This property consists of a terrace house which has been converted to provide 2 self-contained flats, one on the ground floor and one on the first floor. Each flat is fully self contained and has a bedroom, kitchen, living room, and bathroom. The flats are vacant and benefit from electric heaters and double glazing however are in need of some minor repair and decoration prior to re-letting. Once the flats have had a scheme of work completed, depending on the standard of refurbishment, I would estimate that they could be rented for at least £375 pcm giving a potential annual gross income of £9,000pa.

LOCATION
The property is at the top end of Rice Lane close to the Sainsburys. There are numerous shops and amenities within walking distance. Liverpool City Centre is only 3 miles away with good public transport links.

ACCOMMODATION
Front entrance, Communal Hall
141: Ground floor - Bedroom, bathroom, living room, kitchen
141A: First floor - Bedroom, bathroom, living room, kitchen

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.