Auction Property Details

48 Belmont Road, Liverpool, L6 5BJ

Lot 38 - 01.10.2015

AVAILABLE AT £50,000

FOR SALE BY PUBLIC AUCTION THURSDAY 1ST OCTOBER 2015 AT LIVERPOOL TOWN HALL

48 BELMONT ROAD, LIVERPOOL, L6 5BJ

INVESTMENT

WHY BUY?
2 x Self contained flats
Good rental area
Scope to add capital value
Potential income excess £9,500

DESCRIPTION
This is a large end terrace property that has been configured to provide 1 x one bedroom flat (currently vacant) and 1 x two bedroom flat (currently tenanted). The property is well laid out and both flats are spacious. There is potential to carry out some improvements to the property and increase both the capital value and also rental potential. Currently the 2 bedroom flat is let by way of an AST at £400pcm. The ground floor flat is currently vacant but has recently undergone a scheme of decoration, benefits from central heating and is almost ready for occupation. Ideal as a long term investment with high rental demand in the area.

LOCATION
Mid way between West Derby Road and Breck Road. Liverpool City Centre is only 2.5 miles away with regular public transport within a minutes walk.

ACCOMMODATION
Communal entrance hall
Ground floor flat: Living room, kitchen, bedroom, bathroom, access to rear yard
First/second floor flat: 2 bedrooms, kitchen, bathroom
Outide: Yard to front & rear, on-street parking to the 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.