Auction Property Details

1 Armley Road, Liverpool, L4 2UN

Lot 38 - 26.11.2015

AVAILABLE AT £90,000

FOR SALE BY PUBLIC AUCTION THURSDAY 26TH NOVEMBER 2015 AT LIVERPOOL TOWN HALL

1 ARMLEY ROAD, LIVERPOOL, L4 2UN

INVESTMENT

WHY BUY?
4 x self contained flats
Currently producing
Potential for improvement
Good rental area

DESCRIPTION
This is a large end terrace property that has been configured to provide 2 x studio, 1 x one bedroom and 1 x two bedroom flats. 3 of the flats are currently tenanted and producing £990pcm/£11,800pa, but that could be increased to over £16,000pa once the vacant flat has been let. The vacant flat has just undergone a small scheme of redecoration and is ready for occupation. Ideal as a long term investment with potential yield returns of over 15% fully let.

LOCATION
On the corner of Armley Road and Priory Road in a popular residential area with plenty of shops within walking distance. Liverpool City Centre is only 3 miles away.

ACCOMMODATION
Flat 1 - Ground floor - bedroom/living room, bathroom, kitchen - Venmores have not inspected this property
Flat 2 - First floor - bedroom/living room, bathroom, kitchen - Venmores have not inspected this property
Flat 3 - First floor - bathroom, living room, kitchen, bedroom
Flat 4 - Second floor - bedroom 1, bathroom, living room, bedroom 2, 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.

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