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Auction Property Details

51/55 Ampulla Road, Liverpool, L11 4RJ

Lot 19 - 17.05.2017

Available at £190,000

For sale by auction 17th May 2017

WHY BUY?
6 x self contained flats
Fully occupied
Good rental location
Purpose built block

DESCRIPTION
This is a purpose build block containing 6 x one bedroom flats and producing in excess of £30,000pa when fully occupied, with each unit rented at approx £100 per week. Each flat has one bedroom, living room, kitchen, bathroom. There is parking to the side. If purchased at £160,000 the rental yield return would be in excess of 18%. Ideal as a long term investment with benefit of splitting risk as 6 separate units.

LOCATION
The property is situated approximately 4 miles to the north east of Liverpool City Centre and approximately 1.5 miles from the M57 motorway. As well as the multitude of local amenities, the property is located close on a main bus route into the City Centre. Ampulla Road can be accessed from Croxteth Hall Lane.

NB:  Exact rental income will be provided with AST's in legal pack.

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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