169 Bedford Road, Bootle, L20 2DR
Lot 23 - 02.06.2016
Guide Price £35,000 Plus**
Potential 6/7 bed HMO
Good rental location
Scope to add value
This is a large mid terrace house that has the potential to be converted to provide a 6/7 bedroom HMO subject to receiving all the necessary planning and building consents. The property requires refurbishment throughout and in its current condition is unmortgageable so would require a cash purchase, but has the scope to add considerable capital value once finished. If rented as a 6 bedroom HMO at a rate of £90 per room per week inclusive then the potential gross annual income is in excess of £28,000.
The property is located just off Stanley Road and only a few minutes walk to Hugh Baird College, Oriel Road and Kirkdale Road Rail Stations. Liverpool City Centre is only 2.5 miles away.
Ground floor: Entrance hall, front reception, rear reception, dining room, kitchen
First floor: 3 x bedrooms, bathroom
Second floor: 2 x rooms
Outside: Yard to rear, on-street parking to front
*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 February 2017 1.00pm
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
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