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Lot 12 - Friday 17th February 201757 Belmont Drive, Liverpool, Liverpool, L6 7UP

SOLD AFTER

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For Sale by Auction 17th February 2017





WHY BUY?



8 bed HMO subject to consents

Scope to add capital value

Potential income in excess £40,000

Good rental location



DESCRIPTION

This is a huge semi-detached property that has had extensive refurbishments carried out but does require finishing prior to letting. The property would be ideal as an HMO subject to gaining all the necessary consents and bringing up to the required standards, with a planning permission application for 8 x en-suite bedrooms having been applied for and currently awaiting decision. The property benefits from double glazing and central heating throughout. Once finished if all 8 rooms were let on a £100 per week basis the property would have the potential to achieve £41,600pa fully occupied.



LOCATION

Accessed directly from Rocky Lane or Newsham Park there are plenty of amenities on the door step. Access to and from Liverpool City Centre, The Royal Hospital and all universities, which are only 1.5 miles away, are regular with buses directly from Rocky Lane/West Derby Road.





ACCOMMODATION

- Current configuration 

Ground floor: Entrance hall, bedroom 1, bedroom 2, storage cupboard/shower room, kitchen, living room

First floor: bedroom 3 with en-suite, bedroom 4 with en-suite, bedroom 5, bathroom, bedroom 6

Second floor: bedroom 7 with en-suite, bedroom 8 with en-suite, bathroom, bedroom 9, bedroom 10

Outside: Drive to front, large rear garden



NB - Planning documents can be found at Liverpool City Council planning portal - REF: 16F/3065 

Stamp Duty Calculator

You will pay
£4,650
• 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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