57 Belmont Drive, Liverpool, L6 7UP
Lot 10 - 02.06.2016
10 bed HMO subject to consents
Scope to add capital value
Potential income in excess £45,000
Good rental location
This is a large semi-detached property that has had extensive refurbishments carried out but does require finishing prior to letting. The property would be ideal as an HMO subject to gaining all the necessary consents and bringing up to the required standards. There are potentially 10 letting rooms of which 4 are en-suite. On top of the potential bedrooms there would also be a large communal living room, communal kitchen, 2 bathrooms and potential shower room. The property benefits from double glazing and central heating throughout. Once finished if all 10 rooms were let on a £90 per week basis the property would have the potential to achieve £46,800pa fully occupied.
Accessed directly from Rocky Lane or Newsham Park there are plenty of amenities on the door step. Access to and from Liverpool City Centre, The Royal Hospital and all universities, which are only 1.5 miles away, are regular with buses directly from Rocky Lane/West Derby Road.
Ground floor: Entrance hall, bedroom 1, bedroom 2, storage cupboard/shower room, kitchen, living room
First floor: bedroom 3 with en-suite, bedroom 4 with en-suite, bedroom 5, bathroom, bedroom 6
Second floor: bedroom 7 with en-suite, bedroom 8 with en-suite, bathroom, bedroom 9, bedroom 10
Outside: Drive to front, large rear garden
*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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