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Auction Property Details

43 Cranborne Road, Liverpool, L15 2HX

Lot 15 - 13.09.2017

Guide Price £90,000 Plus*

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

INVESTMENT

WHY BUY?
Current income £10,140pa
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 and 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

 

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.