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Lot 16 - Wednesday 27th March 202487 Makin Street, Liverpool, L4 5QF

AVAILABLE AT £87,500

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A good size three- bedroom mid terrace house located in the popular residential location of Makin Street, L4. The property has been well maintained and currently has a tenant in situ with a rental income of £525pcm. We have been informed by the vendor that a Section 13 has been served to increase the rent to £700pcm from 5th May 2024, which could provide a rental yield of approximately 10% on the guide price. The increase is in line with the tenants new LHA entitlement, which is paid direct to the landlord.

ACCOMMODATION
Ground Floor: Entrance hall, through lounge/dining room, kitchen.
First Floor: Three good size bedrooms, bathroom.
Outside: On street parking, yard to rear.

LOCATION
Situated in between Breeze Hill and County Road this property is within walking distance to a range of local amenities and benefits from excellent transport links.

Tenure: Freehold

Council Tax Band: A

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 £1800 + 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.

Stamp Duty Calculator

You will pay
£2,400
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

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