Auction Property Details

142 Bedford Street South, Georgian Quarter, Liverpool, L7 7DB

Lot 11 - 21.07.2016

Offers in the Region Of £390,000

WHY BUY?
6 x self contained apartments
Potential income £43,200pa
Highly sought after area
Scope to add capital value

DESCRIPTION
This is a large mid terrace property that has been converted to provide 6 x self contained apartments. 2 of the apartments are presently tenanted while the others are currently undergoing a full scheme of refurbishment. The building itself has had a full rewire as well as numerous other upgrades over the last 18 months, but the vacant flats still require finishing before the property can be fully occupied. If rented at £500pcm per for the studio and £650pcm for each of the one bedroom apartments then the total potential income would be in excess of £43,000 fully occupied, once all apartments have been modernised.

LOCATION
The property is right in the heart of the highly sought after Georgian Quarter area of Liverpool City Centre. All University campuses are within walking distance with Liverpool City Centre and all bars, restaurants and shops only a few minutes away. The perfect location for young professionals and students alike with everything you need right on the doorstep.

ACCOMMODATION
1: One bedroom ground floor apartment 
2: One bedroom apartment on the first floor
3: Studio apartment on the first floor
4: One bedroom apartment on the second floor
5: Studio apartment on the second floor
5: One bedroom apartment in the attic

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.