Auction Property Details

117 Great Mersey Street, Liverpool, L5 2PL

Lot 48 - 10.04.2014

SOLD £100,000

FOR SALE BY PUBLIC AUCTION ON THE 10TH APRIL 2014 AT THE LIVERPOOL TOWN HALL

SOLD ON BEHALF OF RECEIVERS

117 GREAT MERSEY STREET, LIVERPOOL, L5 2PL

RESIDENTIAL/DEVELOPMENT

WHY BUY?
9-10 Bedrooms
Deceptively large property
Part refurbished
Potential to add capital value.
Ideal HMO subject to consents

DESCRIPTION
This is a very large end terrace town house that has had some major refurbishment works carried out, but does still require a large scheme of works to finish. The accommodation is over basement, 3 floors and attic, and benefits from bathrooms/wc's on each floor, large communal kitchen and living area, and bedrooms/rooms to each floor. The property appears to have halted mid project but all the main works such as wiring and plumbing appear to be almost finished, with some bathroom suites part fitted.

If the relevant consents were gained this property would be ideal as a large 9 bedroom HMO with possible wardens residence as a studio flat to the attic floor. Any planning enquiries should be made directly to Liverpool City Council Planning and building control - 0151 233 3021. This is an exciting opportunity for the right buyer and could offer an extremely high yield rental return on investment once the scheme is fully let. Viewing essential to appreciate full potential.

LOCATION
The property is ideally located just 2 miles from Liverpool City Centre, off Kirkdale Road, and near to Everton Valley. There are plenty of shops within walking distance and public transport regularly into Liverpool City Centre.

ACCOMMODATION
Lower Ground/Basement: Open plan kitchen/dining room, communal living room, wc, store/utility room
Ground floor: 3 x rooms, Bathroom/wc
First floor: 3 x rooms, Bathroom/wc
Second floor: 3 x rooms, Bathroom/wc
Third floor/Attic: Large room with storage/en-suite
Outside: Large yard/garden to the 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.