Lot 30 - Wednesday 25th May 2022 -84 Kensington/ 2 Albany Road, Liverpool, Liverpool, Merseyside, L7 8XB
SOLD PRIOR
For Sale by Online Auction 25th May 2022WHY BUY?Prime Kensington Fields Location4 Bed HMOLeased Commercial UnitHigh Yield DESCRIPTIONA large corner mixed use building within the Kensington Fields district, and set across three floors. Currently, three of the four rooms are tenanted on ASTs bringing a rental income of £1,040pcm. The commercial unit is being used by a Newsagent for storage on a lease of £450pcm, giving a combined income of £1,490pcm/£17,880pa. Following a scheme of refurbishment, potential income could be circa £2,096pcm/£25,160pa. Accommodation comprises: commercial unit on ground floor, separate access to residential accommodation with communal lounge, kitchen, shower room and bedroom to the first floor. The second floor provides a further three bedrooms and the property has gas central heating and double glazing throughout. There is on-street permit parking available.LOCATIONAlbany Road is just a 10 minute walk from the university of Liverpool and Royal Hospital, as well as shops, pubs, cafes, supermarkets, leisure clubs, parks and gyms. Good transport links to and from the city centre and university campuses are frequent and on the doorstep.ACCOMMODATIONGround Floor: Commercial unit currently used as storageFirst Floor: Lounge, kitchen, bathroom, bedroomSecond floor: 3 x bedroomsOutside: On-street permit parkingAUCTION FEESThe sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
For Sale by Online Auction 25th May 2022WHY BUY?Prime Kensington Fields Location4 Bed HMOLeased Commercial UnitHigh Yield DESCRIPTIONA large corner mixed use building within the Kensington Fields district, and set across three floors. Currently, three of the four rooms are tenanted on ASTs bringing a rental income of £1,040pcm. The commercial unit is being used by a Newsagent for storage on a lease of £450pcm, giving a combined income of £1,490pcm/£17,880pa. Following a scheme of refurbishment, potential income could be circa £2,096pcm/£25,160pa. Accommodation comprises: commercial unit on ground floor, separate access to residential accommodation with communal lounge, kitchen, shower room and bedroom to the first floor. The second floor provides a further three bedrooms and the property has gas central heating and double glazing throughout. There is on-street permit parking available.LOCATIONAlbany Road is just a 10 minute walk from the university of Liverpool and Royal Hospital, as well as shops, pubs, cafes, supermarkets, leisure clubs, parks and gyms. Good transport links to and from the city centre and university campuses are frequent and on the doorstep.ACCOMMODATIONGround Floor: Commercial unit currently used as storageFirst Floor: Lounge, kitchen, bathroom, bedroomSecond floor: 3 x bedroomsOutside: On-street permit parkingAUCTION FEESThe sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1500 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.