Auction Property Details

3 Lesseps Road, Liverpool, L8 0RD

Lot 25 - 17.02.2016

SOLD AFTER

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

3 LESSEPS ROAD, LIVERPOOL, L8 0RD

RESIDENTIAL

WHY BUY?
5 bedrooms
Link semi detached
Popular student area
Potential 7 bed HMO

DESCRIPTION
This is a deceptively large double fronted 5 bedroom property that has the potential to be configured to provide a 7 bedroom HMO subject to receiving the necessary consents. Ideally located in the Heart of Wavertree which is especially popular with students and young professionals. The property does require some modernisation and would need to be updated in order to bring it up to the relevant HMO regulations, but should it be rented at £90 per room per week, then the potential gross income would be £32,760pa fully let. The property benefits from double glazing and a large courtyard to the rear. Would also make a fantastic family home with plenty of potential to add capital value.

The vendor is currently spending over £4,000 having the basement tanked and works will be finished before the auction.

LOCATION
There are numerous shops, bars, restaurants and amenities practically on the doorstep, with Sefton Park only 5 minutes walk away. Buses from either Smithdown or Croxteth Roads go to Liverpool City Centre and all Universities go regularly throughout the day. City centre is only 3 miles.

ACCOMMODATION
Ground floor: Entrance porch, large entrance hall, reception 1, reception 2, large storage/office, reception 3, kitchen
First floor: 4 x double bedrooms, 1 x single bedroom, bathroom
Outside: Gated yard to front, large courtyard to rear, on-street parking

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.