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