Auction Property Details

18 Denman Drive, Liverpool, L6 7UE

Lot 15 - 02.06.2016

SOLD PRIOR

WHY BUY?
7 x self contained flats
Finished to high standard
6 ready to let immediately
Potential income £40,040pa

DESCRIPTION
This is a large semi-detached house that has been configured to provide 7 x self contained one bedroom flats. Six of the flats have recently been refurbished to a high standard and are ready to let immediately, subject to some minor decorations. The seventh flat is located in the basement and benefits from it's own separate entrance, but does require a full refurbishment. 

Each flat has separate bedroom, open plan living room/kitchen and either bathroom or shower room. The property is fully double glazed, centrally heated and carpeted throughout with the one of the ground floor flats enjoying direct access to a large communal rear garden. 3 of the flats have been configured to provide their accommodation over 2 floors and have internal staircases. All have modern kitchens, separate boilers and electricity meters. 

Ideal as student lets with the universities and Royal Hospital just a few miles away. If rented at £110 per flat per week the potential annual income is in excess of £40,000. 

LOCATION
The property is situated on Denman Drive close to the corner of Strathmore Road and Denman Way, beside Newsham Park, and approximately 2 miles from Liverpool City Centre, The new Royal Liverpool Hospital and all Universities. There are good public transport links on nearby West Derby Road and plenty of shops and amenities within walking distance. 

ACCOMMODATION
Flat 1 - Basement - one bedroom flat in need of refurbishment with private entrance from front of property
Ground floor: Communal entrance and hall way with stairs to all levels
Flat 2 - Ground floor - bedroom, open plan living/kitchen, bathroom 
Flat 3 - Ground floor - Ensuite bedroom, kitchen, bathroom, living room, direct access to rear garden
Flat 4 - Split level first/second floor flat - bedroom, bathroom, stairs up to open plan living room/kitchen
Flat 5 - Split level first/second floor flat - bedroom, bathroom, stairs up to open plan living room/kitchen
Flat 6 - Split level second/first floor flat - Open plan living/kitchen, stairs down to En-suite bedroom
Flat 7 - Top floor flat - kitchen, bedroom, bathroom, living room

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.