Auction Property Details

79 Holt Road, Liverpool, L7 2PN

Lot 49 - 11.02.2015

SOLD £70,000

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

79 HOLT ROAD, LIVERPOOL, L7 2PN

INVESTMENT

WHY BUY?
Mixed use premises
2 x 1 Bedroom flats plus retail
Currently producing £4,740 per annum
Excellent potential yield
Popular location

DESCRIPTION
This is a mixed use middle terraced property comprising of a retail unit to the ground floor with 2 x 1 bedroom self-contained flats to the upper floors accessed from a separate front entrance. The flats benefit from double glazing and central heating with the upper flat currently let by way of an Assured Shorthold Tenancy producing £4,740 per annum. The ground floor retail unit requires a scheme of refurbishment prior to letting or could be converted to a flat subject to permissions. Fully let the property could produce an annual income in excess of £15,000.

LOCATION
Fronting Holt Road in a well established residential area approximately 1 mile from the city centre. There are plenty of shops and amenities on nearby Kensington with Liverpool Royal Hospital only a short walk away.

ACCOMMODATION:
Ground Floor: Front sales area, rear store room
First Floor Flat: Lounge, kitchen, bedroom, bathroom/WC
Second Floor Flat: Open plan lounge/kitchen, bedroom, bathroom/WC
Outside: Yard to 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.