Auction Property Details

39 Priory Road, Liverpool, L4 2RX

Lot 34 - 31.03.2015

Available £55,000

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

39 PRIORY ROAD, LIVERPOOL, L4 2RX

INVESTMENT

WHY BUY?
2 x self contained flats
Rental income £4680pa
Own Priory Road entrance
Good location

DESCRIPTION
Venmores have not inspected the property but have been informed by the vendor that it is configured to provide 1 x studio flat to the ground floor and 1 x 4 bedroom duplex flat to the upper floors. The 4 bedroom flat is currently rented at £4680pa with the studio currently vacant. When fully occupied if improvements are made the rental potential is in excess of £10,000pa, based on £525pcm for the 4 bedroom flat and £325pcm for the studio flat. We are informed that the duplex flat has had a comprehensive refurbishment including a new roof, plaster, significant electrical work, floor coverings and a replacement kitchen A gas fired central heating system has also been installed.

LOCATION
The property is mid way down Priory Road with plenty of shops and amenities within walking distance. Liverpool City Centre is only 2.5 miles away with regular buses close by.


ACCOMMODATION
Ground floor: Living room/kitchen, bathroom/wc
Duplex flat: Hall, living room, kitchen, 4 x bedrooms

Please note Venmores have not carried out an internal inspection, and all details have been provided by 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.