Auction 25 - Lot 15

2 UNIVERSITY ROAD, BOOTLE, L20 3NF
ESTIMATED RENTAL VALUE - £25,000 p.a
RESIDENTIAL
WHY BUY?
- Estimated Gross Yield - 14.5%
- 5 Apartments
- 1 Apartment is 3 bedroomed
- Substantial detached property
- Excellent potential income
- Good Location
DESCRIPTION/ LOCATION
A 3 storey double fronted detached property, which has been converted into 5 apartments.
Apartment 1,2 and 3 have been refurbished within the last twelve months to include new kitchens, bathroom, boilers and central heating. Apartment 4 is currently in need of some refurbishment work. Flats 1,2 and 3 have deliberately not been re-tenanted by the vendor as any future purchaser may have alternative plans
Apartment 5 is in a good state of repair and has been tenanted since 2004 at a rental of £90.00 per week.
The property is situated north of Liverpool city centre in the Bootle district. University road is off Balliol Road. The Strand shopping centre is nearby.
ACCOMMODATION
Flat 1 - 1 x bedroom, living room, separate kitchen, bathroom
Flat 2 - 1 x bedroom, living room, separate kitchen, bathroom
Flat 3 - 1 x bedroom, living room, separate kitchen, bathroom
Flat 4 - 1 x bedroom, living room, separate kitchen, bathroom
Flat 5 - 3 x bedroom, living room, separate kitchen, bathroom



