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Lot 10 - Thursday 21st July 20161 Armley Road, Liverpool, Merseyside, L4 2UN

SOLD PRIOR

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WHY BUY?



4 x self contained flats

Currently producing £15,480pa

Potential for improvement

Good rental area



DESCRIPTION

This is a large end terrace property that has been configured to provide 2 x studio, 1 x one bedroom and 1 x two bedroom flats. All of the flats are currently tenanted and producing £1,290pcm/£15,480pa, but that could be increased if some updates are made at the property. Flat 3 has just undergone a small scheme of refurbishment and has recently been let, but the other 3 x flats have long standing tenants in place. Ideal as a long term investment with potential yield returns of over 20%.



LOCATION

On the corner of Armley Road and Priory Road in a popular residential area with plenty of shops within walking distance. Liverpool City Centre is only 3 miles away.





ACCOMMODATION



Flat 1 - Ground floor - bedroom/living room, bathroom, kitchen - £274.99pcm

Flat 2 - First floor - bedroom/living room, bathroom, kitchen - £300pcm

Flat 3 - First floor - bathroom, living room, kitchen, bedroom - £390pcm

Flat 4 - Second floor - bedroom 1, bathroom, living room, bedroom 2, kitchen - £325pcm

 

Stamp Duty Calculator

You will pay
£2,250
• 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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