Auction Property Details

4 Ivanhoe Road, Aigburth, Liverpool, L17 8XG

Lot 10 - 01.10.2015

SOLD AT £400,000



4 x self contained flats
Income of £31,626pa
Highly sought after area
Next to Lark Lane & Sefton Park

This is a large detached property that has been converted to provide 4 x self contained apartments next to Lark Lane. The property is fully tenanted at present with monthly income of £2635pcm. The property benefits from central heating, front drive and large rear garden. The property is configured to provide a 2 bedroom ground floor apartment let by way of a regulated tenant at a rent of £360.50pcm; a split level 1 bedroom apartment with own private entrance let by way of an AST at £525pcm; a 2 bedroom first floor apartment let on an AST for £650pcm; and a split level first/second floor four bedroom apartment let by way of an AST for £1100pcm. The overall annual income currently being £31,626pa. Ideal as a long term investment or has the potential to split the title and sell each apartment separately to owner occupiers once they become vacant.

The property is located at the beginning of Ivanhoe Road running parallel with Lark Lane which has numerous shops, bars and restaurants. Sefton Park is only a minutes walk away with Liverpool City Centre and all universities only 3.5 miles away.

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.