Register Member Login

Auction Property Details

53 Kremlin Drive, Liverpool, L13 7BX

Lot 47 - 14.12.2016

SOLD PRIOR

RESIDENTIAL/DEVELOPMENT

WHY BUY?
10 Bedroom licensed HMO
Rear plot with Planning permission
Potential for high yield returns
Could change scheme subject to consents
Good rental area

DESCRIPTION
This is a large semi-detached property that is configured and fully licensed to provide a 10 bedroom HMO. The property benefits from double glazing and central heating throughout with shared shower room, toilet and kitchen facilities. To the rear of the property is a large parcel of land that has had planning permission granted to build 2 x four bedroom semi-detached houses. There may be potential there to change the scheme, possibly to another large 10+ bedroom HMO, subject to gaining the relevant planning consents. If another 10 bed HMO was developed and all 20 x letting rooms rented on £75pppw, the potential rental income would be £78,000pa. There is also the potential to purchase and split the title.

LOCATION
The property is accessed from Queens Drive mid way between Tuebrook, Old Swan and West Derby. There are numerous shops, bars and restaurants on nearby West Derby Road. Liverpool City Centre is only 4 miles away with regular public transport links close by.

ACCOMMODATION
Ground floor: Entrance hall, Bedroom 1, bedroom, 2, kitchen diner, store room
First floor: Communal shower room/toilet facilities, bedroom 3, bedroom 4, bedroom 5, bedroom 6
Second floor: Bedroom 7, bedroom 8, bedroom 9, bedroom 10
Outside: Front drive, rear garden/yard
Plot of land - fronts onto Quarry Road - partially cleared

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Next
Auction

31st October 2017 1.00pm

Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW

Get In Touch

9 Dale Street, Imperial Buildings, Liverpool, L2 2SH

Opening Hours

Mon-Fri      9am - 5.30pm

Your estimated monthly repayments are

Terms Of Use