Auction Property Details

39 Euston Grove, Prenton, CH43 4TZ

Lot 2 - 20.11.2014

WITHDRAWN

FOR SALE BY PUBLIC AUCTION THURSDAY 20TH NOVEMBER 2014 AT LIVERPOOL TOWN HALL.

39 EUSTON GROVE, PRENTON, CH43 4TZ

RESIDENTIAL

WHY BUY?
10 Bedsits all with kitchen facilities
Separately metered utilities
Full HMO licence
Excellent yield
Investment property producing over £32,000 per annum

DESCRIPTION
A substantial semi detached property that has been converted to provide 10 bedsits all with kitchen facilities, independent heating and separately metered utilities. The property has benefited from a substantial scheme of upgrading and is well maintained throughout with all fire regulations and HMO licencing in place. All rooms are currently let producing an income of over £32,000 per annum with accounts available for inspection showing an average income over the last three years of over £30,000. This is an excellent opportunity to acquire a quality investment property producing an excellent yield.

LOCATION
Situated off Balls Road within easy walking distance of Oxton Village and Birkenhead town centre.


ACCOMMODATION
Ground Floor: Entrance hall, Rooms 1 - 4, Basement storage
Half landing: Room 5, 2 x Shower Rooms, 2 x WCs
First Floor: Rooms 6 - 7, Office
Half landing: Rooms 8 - 9
Second Floor: Room 10
Outside: Gardens to front and side, 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.