Auction Property Details

1a & 1b Cadogan Street, Liverpool, L15 2JZ

Lot 19 - 02.06.2016

SOLD PRIOR

WHY BUY?
16 x letting rooms
Excellent location
Refurbished to a high standard
Fully HMO compliant
Current income £71,552pa

DESCRIPTION
Substantial Fully Let Student Investment. Former Public House Recently Converted into two high standard student dwellings. Building consists of two x 8 bedroom properties 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 throughout. Both flats have full current HMO licences and are fully compliant.

The property is fully let with signed contracts until 30 June 2017 producing a gross annual income of £71,552 per annum.

LOCATION
Located on Cadogan Street, Wavertree. Cadogan Street runs off Lawrence Road and is an area heavily populated by students. The property is ideally located just a short walk from Wavertree Park and Wavertree Sports Park with gym, swimming pool, football pitches, tennis courts, etc. There are plenty of bars, restaurants and shops all within walking distance. There are regular buses to Liverpool City Centre from Picton High Street, Smithdown Road and Wavertree Technology Park Rail Station is only 10 minutes walk away. Liverpool City Centre and Universities are only 2.5 miles away.

ACCOMMODATION
1A Cadogan Street
Ground Floor: Spacious Lounge, Kitchen, Downstairs Toilet
First Floor: Three Double Bedrooms, Bathroom
Second Floor: Five Double Bedrooms, Bathroom

1B Cadogan Street  
Ground Floor: Spacious Lounge, Kitchen, One Double Bedroom, Shower Room
First Floor: Four Double Bedrooms, Bathroom
Second Floor: Two Double Bedrooms, Bathroom
Loft: One Double Bedroom

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.