Auction Property Details

128 Empress Road, Kensington, Liverpool, L7 8SF

Lot 20 - 21.07.2016

SOLD £101,000

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

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.