Register Member Login

Auction Property Details

118 Picton Road/ 1a Picton Crescent, Wavertree, Liverpool, L15 4LJ

Lot 35 - 17.02.2017

SOLD AT £206,000

For Sale by Auction 17th February 2017

WHY BUY?
Currently producing £27,900pa
6 x self contained flats
Plenty of amenities within walking
Public transport to City & universities
Good student rental area

DESCRIPTION
This property is configured to provide 3 x one bedroom flats and 3 x studio flats. All flats are occupied at present with the total annual income of £27,900pa currently passing. 3 x flats are let on 3yr lease agreements at £380pcm while the other 3 x flats are let out on AST agreements. The property is fully double glazed and all flats benefit from a mixture of gas central heating and modern night storage heaters and hard wired fire alarm system. Ideal as a long term investment with strong rental demand in the area.

LOCATION
The property is on Picton Road an area popular amongst students who have a direct bus to Liverpool City Centre and all universities within a minutes walk. There are numerous shops, bars and restaurants within walking distance.  

ACCOMMODATION
118 Picton Road - Bedroom, bathroom, kitchen, living room - Let on 18/04/16 at £380.00  - Three year lease
1a Picton Crescent - Flat 1: Bedroom, bathroom, kitchen, living room - Let on 2/11/15 t £380.00 – Three year lease
1a Picton Crescent - Flat 2: Bedroom, bathroom, kitchen, living room - Let on 24/04/15 at £364.60 every four weeks - Periodic AST
1a Picton Crescent - Flat 3: Living/bedroom, bathroom, kitchen - Let on 30/04/16 at £380.00 – Three year lease
1a Picton Crescent - Flat 4: Living/bedroom, bathroom, kitchen -  Let on 7/11/14 at £363.60 every 4 weeks – Periodic AST
1a Picton Crescent - Flat 5: Living/bedroom, bathroom, kitchen - Let on 13/12/13 at £395.00pcm – Periodic AST

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