Auction Property Details

365 Westminster Road, Liverpool, L4 3TF

Lot 31 - 11.02.2015

SOLD £40,000

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 11TH FEBRUARY 2015 AT THE LIVERPOOL TOWN HALL.

365 WESTMINSTER ROAD, LIVERPOOL, L4 3TF

INVESTMENT

WHY BUY?
3 Self-contained flats
Double glazing & central heating
Currently producing £8,400 per annum
Excellent potential yield

DESCRIPTION:
A three storey end terrace providing 3 self-contained flats all benefiting from gas central heating, double glazing and separate utility supplies. The ground floor flat and the second floor flat are currently let on an Assured Shorthold Tenancies producing a total £10,320 per annum. Once fully let the property could produce an income in excess of £13,000 per annum.

LOCATION: Fronting Westminster Road close to its junction with Melrose road just a short walk from Kirkdale station and approximately 2 miles from the city centre.

ACCOMMODATION:
Ground Floor Flat 1 - Hall, living room, 2 bedrooms, kitchen, shower room/WC
First Floor Flat 2 - Living room, bedroom, kitchen, shower room/WC
Second Floor Flat 3 - Living room/bedroom, kitchen, shower room/WC
Outside - Yard to rear

NB - We have been informed on 10/2/15 that only the ground floor flat is now tenanted

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.