For sale bu auction 13th December 2017
WHY BUY?
Potential high yield investment
Popular student location
Scope to increase size
Double glazing & central heating
DESCRIPTION
This is a large 3 bedroom mid terrace house that is currently let by way of an AST at £450pcm/£5400pa. However due to the popularity for students in the area there is scope to extend to the rear and possibly go into the loft to increase the number of letting rooms, subject to gaining all the necessary planning consents. If the property was turned into a 6 bedroom HMO and each room rented at £90pppw there is potential annual income in excess of £28,000pa.
LOCATION
On a one way street accessed directly from Molyneux Road and leading onto Kensington high street. There are numerous shops, bars and amenities within a few minutes walk and only 1 mile away from Royal Liverpool Hospital and under 2 miles away from Liverpool City Centre, Lime street station and all universities.
ACCOMMODATION
Ground floor: Entrance hall, front reception, dining room, kitchen
First floor: 3 x bedrooms, bathroom
Outside: Yard to rear, on-street parking to front
NB – Venmores have not carried out an internal inspection