Auction Property Details

2 Strathmore Road, Liverpool, L6 7UD

Lot 35 - 31.03.2015

SOLD PRIOR

FOR SALE BY PUBLIC AUCTION TUESDAY 31ST MARCH 2015 AT LIVERPOOL TOWN HALL

2 STRATHMORE ROAD, LIVERPOOL, L6 7UD

RESIDENTIAL

WHY BUY?
10 Studio flats
Potential to add value
Great rental location
Could reconfigure

DESCRIPTION
This is a very large semi detached property that has been configured to provide 10 x studio flats. The property is in need of a full refurbishment but has the potential to achieve annual rental income in excess of £40,000pa when fully let, based on £350pcm per studio flat. The current owner has also looked into converting the property into self contained one bedroom flats and has informed us that they can get 7 x one bedroom flats in total. They have completed a similar conversion project recently on Denman Drive and would be able to supply information, plans and possibly access to anybody wishing to replicate.

LOCATION
The property is situated on the corner of Strathmore Road and Denman Way, beside Newsham Park, and approximately 2 miles from Liverpool City Centre and Universities. There are good public transport links on nearby West Derby Road and plenty of shops and amenities within walking distance.

ACCOMMODATION
Basement: 2 x studio flats
Lower ground floor: Split landing studio
Ground floor: 2 x studio flats
Lower first floor: Split landing studio
First floor: 2 x studio flats
Lower second floor: Split landing studio
Second floor: Studio flat

NB: Please note the purchaser of 2 Strathmore Road will have the option to purchase 4 Strathmore Road at the same price prior to it being offered in the auction room.

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.