For sale by auction 31st October 2017 at Liverpool Town Hall
WHY BUY?
5 x self-contained flats
Currently producing £16,200pa
Potential to add value
Good rental area
DESCRIPTION
This is a large semi-detached house that has been converted to provide 5 x self-contained one bedroom flats. The flats are fully occupied with a number of long standing tenants on AST’s producing £1350pcm/£16,200pa. There is plenty of scope to improve the property to add capital and rental value. If refurbished to a high standard and each flat was tenanted at £375pcm the total annual income would be £22,500pa. All flats benefit from double glazing and central heating.
LOCATION
Victoria Road is accessed directly from West Derby Road and runs parallel to Lisburn lane in Tuebrook. Ideal location with numerous schools close by and plenty of shops and amenities within walking distance. There are regular buses from West Derby Road with Liverpool Royal Hospital, universities and Liverpool City Centre only a few miles away.
ACCOMMODATION
Flat 1: Second floor – Living room, kitchen, bedroom, bathroom
Flat 2: First floor – Living room, kitchen, bedroom, bathroom
Flat 3: First floor – Kitchen, living room, shower room, bedroom
Flat 4: Ground floor - Kitchen, living room, shower room, bedroom
Flat 5: Ground floor - Kitchen, living room, shower room, bedroom
Outside: Large yard to rear, on-street parking to front