Auction Property Details

Rimrose House 234 Rimrose Road, Bootle, L20 4QT

Lot 49 - 31.03.2015

WITHDRAWN

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

234 RIMROSE ROAD, BOOTLE, L20 4QT

RESIDENTIAL

WHY BUY?
4 X Self contained flats
Potential to add value
Good rental location
High potential yield

DESCRIPTION
This is a large detached property converted to provide 2 x 2 bedroom flats and 2 x 1 bedroom flats. The flats are all self contained and 3 have their own central heating systems. Each flat requires some modernisation and decoration, but once works are completed the property has the potential to achieve in excess of £20,000pa when fully let - based on £375pcm for the one beds and £475pcm for the 2 beds - giving the potential gross yield return of over 25% if purchased at the guide of £75,000.

LOCATION
The property is directly fronting Rimrose Road close to the junction with Knowsley Road. Seaforth with shops, amenities and Rail station is less than 1 mile away and Liverpool City Centre is only 5 miles away.

ACCOMMODATION
Ground floor flat: Open plan kitchen/living room, bedroom, bathroom
Duplex flat: Ground floor - open plan kitchen/living; First floor - Bathroom, 2 x bedrooms
First floor flat: open plan living/kitchen, bathroom, 2 x bedrooms
Second floor flat: Bedroom, kitchen, bathroom, living 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.