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Lot 20 - Thursday 21st July 2016128 Empress Road, Kensington, Liverpool, Liverpool, L7 8SF

SOLD £101,000

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WHY BUY?



Close to Hospital

Potential to add capital value

Universities walking distance

Potential for 6 letting rooms



DESCRIPTION

This is a 3 bedroom mid terrace house that requires some refurbishment. The property benefits from double glazing, central heating and has the potential for large rear extension and an attic conversion to convert to 6 letting rooms, subject to gaining the relevant consents, which many properties have been successful doing in the last few years. The property itself is in a popular student rental area and should the front reception also be utilised as a bedroom the property could have 6 x letting rooms. If rented at £90 per room per week inclusive the property has the potential to achieve an annual income of £28,080pa. There would also be scope to refurbish and sell as a family home on the open market.



LOCATION

Accessed directly from Kensington the property is only a few minutes walk to The Royal Liverpool Hospital and within walking distance to all Liverpool Universities. There are plenty of shops, bars and restaurants close by with Liverpool City Centre & Lime Street Rail Station only a mile away. 





ACCOMMODATION



Basement: Storage space

Ground floor: Entrance hall, front reception, rear reception/dining, kitchen

First floor: Shower room, 3 x bedrooms

Outside: Yard to rear, On-street parking to front

Stamp Duty Calculator

You will pay
£2,700
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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