Auction Property Details

40 Heathfield Road, Wavertree, Liverpool, L15 9EZ

Lot 19 - 17.02.2016

SOLD PRIOR

FOR SALE BY PUBLIC AUCTION WEDNESDAY 17TH FEBRUARY 2016 AT LIVERPOOL TOWN HALL

40 HEATHFIELD ROAD, LIVERPOOL, L15 9EZ

RESIDENTIAL

WHY BUY?
8 Bedrooms
Current HMO Licence
Sought after location
Potential to add value

DESCRIPTION
This is a deceptively large mid terrace house with a current 8 bedroom HMO licence that once refurbished would be ideal to let to young professionals or mature students, or alternatively would make an impressive family home. The property boasts 3 x large reception rooms, kitchen, shower room and separate wc to the ground floor; 4 x double bedrooms, bathroom and kitchen to the first floor; and 2 x double bedrooms to the second floor with one bedroom benefitting from en-suite and kitchen facilities.

Two of the ground floor reception rooms have already been utilised as further bedrooms but the majority of rooms in the property are actually large enough to add en-suites to, and so the property could be refurbished to provide high quality luxury room lets. This area has a low amount of 1 bedroom apartments or individual quality room lets and so has the potential to be very popular. If each room is let at £105 - £125 per week - inclusive of bills - then the property has the potential to achieve an annual gross income of £43,680pa - £52,000pa.

LOCATION
Ideally located on the heart of Allerton Road close to the junction with Church Road. There are numerous amenities, bars, banks, restaurants, shops and schools within walking distance as well as good public transport links direct to Liverpool City Centre, universities and John Lennon Airport.

ACCOMMODATION
Ground floor: Vestibule, Entrance hall, 2 x front reception, kitchen, shower room, rear reception, WC
First floor: 4 x double bedrooms, bathroom, kitchen
Second floor: double bedroom, en-suite double bedroom with small kitchenette
Outside: Yard to rear, on-street parking to 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.