Auction Property Details

342 Binns Road/ 48 Hankinson Street, Liverpool, L13 1DD

Lot 18 - 02.06.2016


16 x letting rooms
Excellent location
Refurbished to a high standard
Fully HMO compliant
Current income £73,0836pa

Substantial Fully Let Student Investment. Former Public House Recently Converted into two high standard student dwellings. Building consists of one x 7 bedroom property known as 342 Binns Road and one x 9 bedroom property known as 48 Hankinson Street. These dwellings are located over ground, first and second floors. All bedrooms are double rooms. The property benefits from double glazing and central heating throughout and has been finished to a very high standard. Both flats have full current HMO licences and are fully compliant.

The properties are currently let until 30 June 2017 producing gross annual income of £73,086 per annum.

Located on the corner of Binns Road and Hankinson Street in an area heavily populated by students. Situated just off Wavertree High Street within the Wavertree Garden district close to all the shops, bars and restaurants on Picton Road and High Street. Ideally located just a short walk from Wavertree Park and Edge Lane retail park. There are regular buses to Liverpool City Centre from Picton High Street, Edge Lane and Wavertree Technology Park Rail Station is only 5 minutes walk away. Liverpool City Centre and Universities are only 2.5 miles away.

342 Binns Road
Ground Floor: Lounge, Kitchen, Utility Area, One Double Bedroom, Shower Room
First Floor: Three Double Bedrooms, Shower Room
Second Floor: Three Double Bedrooms, Shower Room

48 Hankinson Street
Ground Floor: Spacious Open Plan Lounge & Kitchen, One Double Bedroom, Bathroom
First Floor: Four Double Bedrooms, Bathroom
Second Floor: Three Double Bedrooms, Shower Room

NB:  This property is subject to a six week completion period.

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.