Auction Property Details

79 City Road, Liverpool, L4 5UW

Lot 22 - 23.07.2014

SOLD AT £125,000

FOR SALE BY PUBLIC AUCTION ON THURSDAY 23RD JULY 2014 AT THE LIVERPOOL TOWN HALL

79 CITY ROAD, LIVERPOOL, L4 5UW

RESIDENTIAL

WHY BUY?
5 x self contained flats
Potential income circa £20,000pa
4 separate entrances
Central heated & double glazed

DESCRIPTION
This is a substantial property configured to provide 4 x one bedroom flats and 1 x two bedroom flat. The property has been recently refurbished and requires very little finishing prior to rental. Three of the flats have their own separate entrances with the last two flats sharing a communal entrance. The properties are all finished modern with central heating, double glazing and secure external doors. Based on rental prices in the area of £325pcm per 1 bedroom property and £375pcm for a 2 bedroom property, when fully occupied this property has the potential to achieve income of over £20,000pa.

LOCATION
The property is on the corner of City Road and Ripon Street. 4 of the flats are accessed through entrances on Ripon Street and the other accessed from a separate entrance on City Road. There are numerous shops and amenities on City Road and close by on busy County Road. Liverpool City Centre is just 2 miles away with good public transport links.

ACCOMMODATION
Each flat is self contained and consists of bedroom, living room, kitchen and bathroom, with one of the flats having a second bedroom.
There is a large communal yard to the rear for bin storage with on-street parking to the 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.