17 Sandown Lane, Liverpool, L15 8HY
Lot 24 - 17.02.2016
FOR SALE BY PUBLIC AUCTION ON 17TH FEBRUARY 2016 AT LIVERPOOL TOWN HALL
17 SANDOWN LANE, WAVERTREE, LIVERPOOL, L15 8HY
8 Double bedroom investment property
Refurbished to a high standard
Fully HMO compliant
Potential income £37,024pa
This is a substantial double fronted detached property comprising two recently refurbished self-contained apartments. There is a 3 x double bedroom apartment to the ground floor with own private front entrance and a 5 x double bedroom duplex apartment to the upper floors, also with their own private entrance fronting Sandown Lane. The property has recently been refurbished to a very high standard benefitting from high quality bathrooms and fitted kitchens, plus spacious communal lounges, central heating and double glazing throughout.
The upper apartment is fully furnished to a high standard and is currently let to five working individuals at £89 per person per week producing £23,140 per annum. The ground floor apartment has just been finished and if also let on the same basis will produce an income of £13,884 per annum, therefore giving a potential annual income of £37,024pa.
The property has further potential for the development of a cottage to the side with private garden and development of the lower ground floor into a further apartment. Viewing is essential to appreciate the size and standard of finish to this investment property.
Situated just off Wavertree High Street within the Wavertree Garden district close to all the shops, bars and restaurants on Picton Road and High Street. Ideally located just a short walk from Wavertree Park and Wavertree Sports Park with gym, swimming pool, football pitches, tennis courts, etc. There are regular buses to Liverpool City Centre from Picton High Street and Wavertree Technology Park Rail Station is only 5 minutes walk away. Liverpool City Centre and Universities are only 2.5 miles away.
Ground Floor: Self-contained 3 double bedroom apartment, lounge, bathroom/WC, kitchen
First and Second Floors: Self-contained 5 double bedroom duplex apartment, lounge, kitchen, bathroom/WC and shower room/WC
Outside: Large Paved frontage, garden to the rear with sandstone patio area
*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.
17th May 2017 1.00pm
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
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