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WHY BUY?
6 x Self-contained flats
Requires refurbishment
Potential income of £27,600pa
Scope to add value
DESCRIPTION
This is a large semi-detached property that has been configured to provide 6 x self-contained flats that are currently vacant and in need of some refurbishment prior to letting. There are 4 x one bedroom flats and 2 x two bedroom flats. The property benefits from double glazing, central heating with separate boilers in each unit, separate kitchens and bathrooms. Ideal as a high yield investment and if the one bedroom units were let at £350pcm and the two bedroom units at £450pcm, the total income would be £27,600pa.
LOCATION
The property is situated just off of West Derby Road in Liverpool and is 2.5 miles from Liverpool City Centre benefiting from frequent public transport links.
ACCOMMODATION
Basement: Flat 6 - Large hall, 2 x bedrooms, living room, kitchen, bathroom
Ground floor: Flat 1 – bedroom, bathroom, kitchen, living room
Ground floor: Flat 2 – bedroom, bathroom, kitchen, living room
First floor: Flat 3 – bedroom, bathroom, kitchen, living room
First floor: Flat 4 – bedroom, bathroom, kitchen, living room
Second floor: Flat 5 – 2 x bedrooms, bathroom, kitchen, living room
Outside: Drive to the front, Yard to the rear
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1250 + 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.