Auction Property Details

169 Molyneux Road, L6 6al, & 6 Esmond Street, Liverpool, L6 5AZ

Lot 30 - 20.11.2014

AVAILABLE AT £150,000

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

169 MOLYNEUX ROAD, LIVERPOOL, L6 6AL & 6 ESMOND STREET, LIVERPOOL, L6 5AZ

BOTH PROPERTIES SOLD AS ONE LOT

WHY BUY?
Net income £19,500pa
Potential yield return over 14%
2 x properties
Fully refurbished
Guaranteed income

169 MOLYNEUX ROAD, LIVERPOOL, L6 6AL

DESCRIPTION
This is a substantial 5 double bedroom end terrace property, that is fully occupied to international students until July 2015, with a net income of £13,000pa. The property has been finished to a high standard throughout and benefits from double glazing, central heating, laminate flooring, and has a modern kitchen & bathroom. The tenants are currently being offered an option for a second year and this property, by the time of auction, could have guaranteed tenants and income until July 2016 - please enquire direct to Venmores regarding this.

LOCATION
The property is located on Molyneux Road in Kensington. An area popular with medical students as the Royal Liverpool University Hospital is only 0.5 miles away and easily walk able. Liverpool City Centre and all university campuses are within walking distance of the property and Kensington offers plenty of shops, bars, amenities and good public transport links.

ACCOMMODATION
Ground floor: Entrance hall, double bedroom 1, double bedroom 2, communal kitchen/dining/living room
First floor: Double bedroom 3, large bathroom, double bedroom 4, double bedroom 5
Outside: Yard to the rear, on-street parking to the front


6 ESMOND STREET, LIVERPOOL, L6 5AZ

DESCRIPTION
This is a large 3 bedroom mid terrace property finished to a very high standard. The current tenant who has been living in the property for 18 months has recently signed a new 24 month tenancy agreement paying £6,500pa. There are 2 large double bedrooms, a good sized single bedroom, modern kitchen and bathroom, tastefully decorated throughout and benefiting from double glazing, central heating, laminate/carpeted floors throughout. A must see property to fully appreciate the size and condition.

LOCATION
The property is located just off Breck and Belmont Roads with plenty of shops, bars and public transport links within walking distance. Only 2.5 miles from Liverpool city centre and under a mile from Liverpool Anfield Football Stadium. The whole Anfield area is undergoing a massive regeneration scheme and this property could benefit once the works have been completed.

ACCOMMODATION
Ground floor: Large entrance hall, living room, open plan dining room with French doors to the rear yard, large modern kitchen
First floor: 2 x double bedrooms, family bathroom, single bedroom
Outside: On-street parking to the front, yard to the rear

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.