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Auction Property Details

57 Belmont Drive, Liverpool, L6 7UP

Lot 12 - 17.02.2017

SOLD AFTER

For Sale by Auction 17th February 2017

WHY BUY?
8 bed HMO subject to consents
Scope to add capital value
Potential income in excess £40,000
Good rental location

DESCRIPTION
This is a huge semi-detached property that has had extensive refurbishments carried out but does require finishing prior to letting. The property would be ideal as an HMO subject to gaining all the necessary consents and bringing up to the required standards, with a planning permission application for 8 x en-suite bedrooms having been applied for and currently awaiting decision. The property benefits from double glazing and central heating throughout. Once finished if all 8 rooms were let on a £100 per week basis the property would have the potential to achieve £41,600pa fully occupied.

LOCATION
Accessed directly from Rocky Lane or Newsham Park there are plenty of amenities on the door step. Access to and from Liverpool City Centre, The Royal Hospital and all universities, which are only 1.5 miles away, are regular with buses directly from Rocky Lane/West Derby Road.

ACCOMMODATION - Current configuration 
Ground floor: Entrance hall, bedroom 1, bedroom 2, storage cupboard/shower room, kitchen, living room
First floor: bedroom 3 with en-suite, bedroom 4 with en-suite, bedroom 5, bathroom, bedroom 6
Second floor: bedroom 7 with en-suite, bedroom 8 with en-suite, bathroom, bedroom 9, bedroom 10
Outside: Drive to front, large rear garden

NB - Planning documents can be found at Liverpool City Council planning portal - REF: 16F/3065 

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

13th December 2017 1.00pm

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

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