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Lot 23 - Thursday 2nd June 2016169 Bedford Road, Bootle, Bootle, Sefton, L20 2DR

Guide Price £35,000 Plus*

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WHY BUY?Potential 6/7 bed HMORequires refurbishmentGood rental locationScope to add valueDESCRIPTIONThis is a large mid terrace house that has the potential to be converted to provide a 6/7 bedroom HMO subject to receiving all the necessary planning and building consents. The property requires refurbishment throughout and in its current condition is unmortgageable so would require a cash purchase, but has the scope to add considerable capital value once finished. If rented as a 6 bedroom HMO at a rate of £90 per room per week inclusive then the potential gross annual income is in excess of £28,000.LOCATIONThe property is located just off Stanley Road and only a few minutes walk to Hugh Baird College, Oriel Road and Kirkdale Road Rail Stations. Liverpool City Centre is only 2.5 miles away.

ACCOMMODATION
Ground floor: Entrance hall, front reception, rear reception, dining room, kitchenFirst floor: 3 x bedrooms, bathroomSecond floor: 2 x roomsOutside: Yard to rear, on-street parking to front



WHY BUY?

Potential 6/7 bed HMORequires refurbishmentGood rental locationScope to add valueDESCRIPTIONThis is a large mid terrace house that has the potential to be converted to provide a 6/7 bedroom HMO subject to receiving all the necessary planning and building consents. The property requires refurbishment throughout and in its current condition is unmortgageable so would require a cash purchase, but has the scope to add considerable capital value once finished. If rented as a 6 bedroom HMO at a rate of £90 per room per week inclusive then the potential gross annual income is in excess of £28,000.LOCATIONThe property is located just off Stanley Road and only a few minutes walk to Hugh Baird College, Oriel Road and Kirkdale Road Rail Stations. Liverpool City Centre is only 2.5 miles away.

ACCOMMODATION

Ground floor: Entrance hall, front reception, rear reception, dining room, kitchenFirst floor: 3 x bedrooms, bathroomSecond floor: 2 x roomsOutside: Yard to rear, on-street parking to front

 

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You will pay
£1,050
• 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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