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Auction Property Details

30 Balmoral Road, Fairfield, Liverpool, L6 8NF

This property is listed in the following auctions

Lot 39 - 13.09.2017

SOLD PRIOR

For sale by auction 13th September 2017

WHY BUY?
7 x bedroom HMO
Fully let at £22,360pa
Potential to add value
Strong rental area

DESCRIPTION
This is a large semi-detached house that has been configured to provide a fully licensed 7 bedroom HMO. The property is fully tenanted at present with an average rent of £61pppw, and getting a combined income of £430pw/£22,360pa. After a scheme of works the property would have the ability to increase the rents and if getting £75pppw the potential income could be in excess of £27,000pa. Ideal as a high yield investment. The property benefits from double glazing and central heating.

LOCATION
Midway on Balmoral Road and accessed directly from Prescot Road and leading onto Newsham Park. Plenty of shops, bars and amenities within walking distance. Liverpool City Centre, Royal Liverpool Hospital and all universities are within 2 miles.

ACCOMMODATION
Ground floor: Entrance hallway, 3 x bedrooms
First floor: 2 x bedrooms, shower room/wc, bathroom/wc, office room
Second floor: 1 x bedroom, bathroom/wc, store room
Outside: Yard to rear, on-street parking to front

NB - This property can be purchased prior to auction and a deal with Lot 40 would be favourable to the vendor

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.

Next
Auction

13th September 2017 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

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