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Lot 12 - Thursday 21st July 2016138 Bedford Street South, Georgian Quarter, Merseyside, Liverpool, Merseyside, L7 7DB

Offers in the Region Of £390,000

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WHY BUY?5 x self contained apartmentsPotential income £37,200paHighly sought after areaScope to add capital valueDESCRIPTIONThis is a large mid terrace property that has been converted to provide 5 x self contained apartments. 3 of the apartments are presently tenanted while the others are currently undergoing a full scheme of refurbishment. The building itself has had a full rewire as well as numerous other upgrades over the last 18 months, but the vacant flats still require finishing before the property can be fully occupied. If rented at £500pcm per for the studio and £650pcm for each of the one bedroom apartments then the total potential income would be in excess of £37,000 fully occupied, once all apartments have been modernised. LOCATIONThe property is right in the heart of the highly sought after Georgian Quarter area of Liverpool City Centre. All University campuses are within walking distance with Liverpool City Centre and all bars, restaurants and shops only a few minutes away. The perfect location for young professionals and students alike with everything you need right on the doorstep.ACCOMMODATION1: One bedroom basement apartment 2: One bedroom apartment on the ground floor3: One bedroom apartment on the first floor4: One bedroom apartment on the second floor5: Studio apartment in the attic

WHY BUY?5 x self contained apartmentsPotential income £37,200paHighly sought after areaScope to add capital valueDESCRIPTIONThis is a large mid terrace property that has been converted to provide 5 x self contained apartments. 3 of the apartments are presently tenanted while the others are currently undergoing a full scheme of refurbishment. The building itself has had a full rewire as well as numerous other upgrades over the last 18 months, but the vacant flats still require finishing before the property can be fully occupied. If rented at £500pcm per for the studio and £650pcm for each of the one bedroom apartments then the total potential income would be in excess of £37,000 fully occupied, once all apartments have been modernised. LOCATIONThe property is right in the heart of the highly sought after Georgian Quarter area of Liverpool City Centre. All University campuses are within walking distance with Liverpool City Centre and all bars, restaurants and shops only a few minutes away. The perfect location for young professionals and students alike with everything you need right on the doorstep.ACCOMMODATION1: One bedroom basement apartment 2: One bedroom apartment on the ground floor3: One bedroom apartment on the first floor4: One bedroom apartment on the second floor5: Studio apartment in the attic

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You will pay
£11,700
• 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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