Auction Property Details

155 Kensington, Liverpool, L7 2RE

Lot 45 - 13.04.2016



Guaranteed rent until 2017
Income of £650pcm/£7800pa
Advertising board £1000pa
5 bedrooms
Fully furnished

This is a 5 bedroom mid terrace property let as a HMO by way of a 5 year tenancy. The property is rented at £650pcm and runs until the 1st of April 2017 giving a guaranteed income for 12 months and potential to negotiate a new 5yr lease. Each bedroom/bedsit is fully furnished with a bed, wardrobe, chest of drawers, armchair, table & dining chair. The communal kitchen is furnished with white goods and all cutlery, crockery and utensils are provided. The property also benefits from partial double glazing and central heating. The property also benefits from an advertising hoarding to the gable end which is on a long lease of £1000pa. Therefore the current annual income is £8,800pa. 

The property is ideally located on Kensington in a popular student area within walking distance to numerous shops and the Royal Liverpool Hospital. Liverpool City Centre is about 1.5 miles away with both universities within walking distance from the property.

ground floor: Communal lounge, communal kitchen, WC
First floor: 3 x bedrooms
Second floor: 2 x bedrooms, communal bathroom
Outside: Yard to the rear, advertising board to side elevation

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.