Lot 44 - Wednesday 25th May 2022 -230-232 Picton Road, Wavertree, Merseyside, Liverpool, Merseyside, L15 4LL
SOLD PRIOR
For Sale by Online Auction 25th May 2022WHY BUY?Development OpportunityFull change of Use Planning GrantedPotential HMO rental propertyPredicted Income in excess £100,000paPrivate Car Park at RearDESCRIPTIONThis is a large double fronted terrace property which was formally a 9 bed guest house for 14 years. The current owners have obtained planning permission for change of use to 3 Self contained HMO flats with a total of 8 large en-suite bedrooms and 3 kitchen, diner and lounge areas. Work is in progress, and there is still an opportunity for the purchasers to personalise the development. The property offers a fantastic investment opportunity in high-quality accommodation for students or young professionals with potential income of £125 per tenant per week. It could also lend itself to the private rental market or as an Air B&B business. To the rear of the property there is an 80sqm private car park, with enough space for 4 cars.LOCATION Situated in the up and coming desired area of Wavertree, South Liverpool, popular with students, young professionals and locals alike. Walking distance to major hotspots such as Allerton Road, Smithdown Rd, Lark Lane and Sefton Park. Also opposite a major Sports Centre and large popular park, known locally as 'The Mystery'. the property provides great access to Liverpool and is on the direct bus route to all 3 University Campuses; University of Liverpool and JMU (based in the City Centre) and Liverpool Hope (based in the suburb of Childwall). Approximately a 5-10 minute journey to all of the above.ACCOMMODATION Ground Floor: Entrance hall, cycle/store room, 2 x en-suite bedrooms, communal kitchen/lounge/diner. First Floor: 3 x en-suite bedrooms, communal kitchen/lounge/diner. Second floor: 3 x en-suite bedrooms, communal kitchen/lounge/diner. Outside: Car park to rear
AUCTION 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?Development OpportunityFull change of Use Planning GrantedPotential HMO rental propertyPredicted Income in excess £100,000paPrivate Car Park at RearDESCRIPTIONThis is a large double fronted terrace property which was formally a 9 bed guest house for 14 years. The current owners have obtained planning permission for change of use to 3 Self contained HMO flats with a total of 8 large en-suite bedrooms and 3 kitchen, diner and lounge areas. Work is in progress, and there is still an opportunity for the purchasers to personalise the development. The property offers a fantastic investment opportunity in high-quality accommodation for students or young professionals with potential income of £125 per tenant per week. It could also lend itself to the private rental market or as an Air B&B business. To the rear of the property there is an 80sqm private car park, with enough space for 4 cars.LOCATION Situated in the up and coming desired area of Wavertree, South Liverpool, popular with students, young professionals and locals alike. Walking distance to major hotspots such as Allerton Road, Smithdown Rd, Lark Lane and Sefton Park. Also opposite a major Sports Centre and large popular park, known locally as 'The Mystery'. the property provides great access to Liverpool and is on the direct bus route to all 3 University Campuses; University of Liverpool and JMU (based in the City Centre) and Liverpool Hope (based in the suburb of Childwall). Approximately a 5-10 minute journey to all of the above.ACCOMMODATION Ground Floor: Entrance hall, cycle/store room, 2 x en-suite bedrooms, communal kitchen/lounge/diner. First Floor: 3 x en-suite bedrooms, communal kitchen/lounge/diner. Second floor: 3 x en-suite bedrooms, communal kitchen/lounge/diner. Outside: Car park to rear