For sale by auction 17th February 2017
WHY BUY?
2 Bedroom apartment
Close to Sefton Park
Long standing tenants
Rent passing £6,540pa
Potential to add value
DESCRIPTION
This is a nicely presented 2 bedroom second floor apartment located in a large detached converted house close to Lark Lane & Sefton Park. The building has been converted to provide 12 apartments over 4 floors with an allocated parking space for the apartment, communal parking for guests and private manicured gardens. The apartment is on a long 998yr leasehold with ground rent of £50pa and a service charge of £85pcm, which includes all building insurance. The apartment is currently rented on an AST to a tenant who has been in situ for over 6 years paying £545pc,/£6,540pa. The apartment was fully refurbished approximately 6 years ago and could do with some updating, but does therefore have the potential to add capital and rental value.
LOCATION
Ideally located 2 minutes walk to Lark Lane on one side and 2 minutes to Sefton Park on the other. There are numerous bars, shops and restaurants on the popular Lark Lane as well as nearby Aigburth Road. Liverpool City Centre is only 2.5 miles away with regular buses from Aigburth Road.
ACCOMMODATION
Ground floor - Communal entrance, hallway with stairs to all floors
Second floor flat - entrance hall, Living room, bedroom 1, kitchen, bathroom, bedroom 2
Outside - Allocated parking space, communal parking, communal gardens