Auction Property Details

90 Breck Road, Anfield, Liverpool, L4 2RD

Lot 24 - 02.06.2016

SOLD PRIOR

INVESTMENT

WHY BUY?
3 x self contained flats
1 x tenanted retail unit
Current rent £12,850pa
Prominent corner position

DESCRIPTION
This is a large corner property that has been configured to provide 2 x one bedroom flats, 1 x studio flat and a ground floor retail unit.  The retail unit is currently let as a Second Hand shop at £325pcm. There is a vacant one bedroom flat split over ground and first floor that has it's own separate entrance, but requires a full refurbishment throughout prior to letting. On the first floor there is a tenanted studio flat currently getting £395.98pcm.  On the second floor there is another one bedroom flat that is also currently tenanted on an AST getting £350pcm. 

In total the property is currently producing £12,850 but has the potential to bring in somewhere in the region of £17,650pa fully let if some improvements are made and the vacant flat fully refurbished. The two tenanted flats have a shared side entrance on St Davids Road with the shops front entrance facing Breck Road. Ideal as a long term investment. Due to the property having a commercial element it may not be subject to any stamp duty as the new commercial SDLT threshold has been increased to 0% for the first £150,000 of a purchase price. 

NB - we do advise you make your own investigations with regard to any SDLT.

LOCATION
Property is situated on the corner of St Davids Road and Breck Road. There are numerous shops and amenities within walking distance. Liverpool Football stadium is only a short walk away with Liverpool City Centre only 2.5 miles away with good regular buses close by.

ACCOMMODATION
Retail unit: Main customer area, store, WC, kitchenette 
Split level flat - Ground floor - Living room, kitchen First floor - bedroom, bathroom
First floor flat: Living room/bedroom, kitchen, bathroom
Second floor flat: Living room, bedroom, kitchen, bathroom

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.