North West’s Largest Independent Estate Agent

Lot 35 - Wednesday 13th December 2017Wellington Vaults 376 Mill Street, Liverpool, Merseyside, L8 4RF

SOLD AT £175,000

Enlarge Image app/libraries/resizeCrop/cache/wellington-vaults.jpg_18f6754a4bb82b3785358a5123e35ecc.jpg

For sale by auction 13th December 2017





WHY BUY?



3 x self contained flats

In need of refurbishment

Popular student rental area

Universities within walking distance



DESCRIPTION

This is a large corner former public bar that has been converted to provide 3 x self contained flats. The property is fully vacant and is in need of a scheme of refurbishment but is currently configured to 2 x five bed flats & 1 x four bed flat. Once a scheme of works have been completed the property would be ideal as student rental HMO's, subject to obtaining the necessary consents, and if let at approximately £90 per room per week would have the potential to achieve an annual income in excess of £65,000.  



LOCATION

In a prominent position on the corner of Shelmore Drive and Mill Street. There are plenty of shops, amenities and a large Tesco on close by Park Road while Liverpool City Centre and all universities are all under 2 miles away.  



NB - Venmores have not carried out an internal inspection

Stamp Duty Calculator

You will pay
£5,250
• This calculation assumes that you already own a property and that any purchase would result in you owning two or more properties

Arrange a viewing

For 376 Mill Street, L8 4RF
Preferred viewing