Lot 34 - Thursday 2nd June 2016 -1 Armley Road, Liverpool, Liverpool, Merseyside, L4 2UN
AVAILABLE AT £82,500
WHY BUY?4 x self contained flatsCurrently producing £15,480paPotential for improvementGood rental areaDESCRIPTIONThis is a large end terrace property that has been configured to provide 2 x studio, 1 x one bedroom and 1 x two bedroom flats. All of the flats are currently tenanted and producing £1,290pcm/£15,480pa, but that could be increased if some updates are made at the property. Flat 3 has just undergone a small scheme of refurbishment and has recently been let, but the other 3 x flats have long standing tenants in place. Ideal as a long term investment with potential yield returns of over 20%. LOCATIONOn the corner of Armley Road and Priory Road in a popular residential area with plenty of shops within walking distance. Liverpool City Centre is only 3 miles away.ACCOMMODATIONFlat 1 - Ground floor - bedroom/living room, bathroom, kitchen - £274.99pcmFlat 2 - First floor - bedroom/living room, bathroom, kitchen - £300pcmFlat 3 - First floor - bathroom, living room, kitchen, bedroom - £390pcmFlat 4 - Second floor - bedroom 1, bathroom, living room, bedroom 2, kitchen - £325pcm
WHY BUY?4 x self contained flatsCurrently producing £15,480paPotential for improvementGood rental areaDESCRIPTIONThis is a large end terrace property that has been configured to provide 2 x studio, 1 x one bedroom and 1 x two bedroom flats. All of the flats are currently tenanted and producing £1,290pcm/£15,480pa, but that could be increased if some updates are made at the property. Flat 3 has just undergone a small scheme of refurbishment and has recently been let, but the other 3 x flats have long standing tenants in place. Ideal as a long term investment with potential yield returns of over 20%. LOCATIONOn the corner of Armley Road and Priory Road in a popular residential area with plenty of shops within walking distance. Liverpool City Centre is only 3 miles away.ACCOMMODATIONFlat 1 - Ground floor - bedroom/living room, bathroom, kitchen - £274.99pcmFlat 2 - First floor - bedroom/living room, bathroom, kitchen - £300pcmFlat 3 - First floor - bathroom, living room, kitchen, bedroom - £390pcmFlat 4 - Second floor - bedroom 1, bathroom, living room, bedroom 2, kitchen - £325pcm