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Lot 11 - Wednesday 13th September 201743 Cranborne Road, Liverpool, Merseyside, L15 2HX

SOLD LATER

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For sale by auction 13th September 2017 at Liverpool Town Hall





WHY BUY?



Current gross income £10,530pa

3/4 bedrooms

Large kitchen diner

Potential to increase income



DESCRIPTION

This is a good size 3/4 bedroom mid terrace house that is fully tenanted for the 2017/2018 academic year with a gross income of £10,530pa, but has the potential to be updated to a higher standard to increase the rental income. Currently there is a single bedroom being used as a laundry room and a living room which could both be used as letting rooms. If the property was refurbished to a high standard and the rooms were rented out at £95.00 per double room per week and the single room at £75.00 per week the annual rental income could be increased to £23,660pa.



LOCATION

Accessed directly from Smithdown Road right in the heart of Wavertree which is the main student hub in Liverpool. There is a large Asda & Aldi supermarket within 5 minutes’ walk. There are regular buses to and from Liverpool City Centre and all universities from Smithdown Road 2 minutes’ walk away.





ACCOMMODATION



Ground floor: Entrance hall, Living room, bedroom, kitchen diner

First floor: Bathroom, 3 x bedrooms

Outside: Yard to rear, on-street parking to front

 

Stamp Duty Calculator

You will pay
£3,000
• 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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