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Auction Property Details

66 Mere Lane, Liverpool, L5 0QW

Lot 42 - 13.09.2017

Guide Price £65,000*

For Sale by Auction 13th September 2017

WHY BUY?
Vacant retail unit
3 bed flat
Good rental location
Potential income excess £10,000

DESCRIPTION
This is a good size corner property configured to provide a ground floor retail unit and 3 bedroom flat to the ground and upper floors. The property is currently vacant and does require some updating. Once a small scheme of work has been carried out the property would be ideal as a long term investment for a SIPP fund. If the retail unit was rented at £100pw and the flat at £450pcm then the total potential annual income would be £10,600pa.

LOCATION
On the corner of Monk Street and Mere Lane, just off St Domingo Road and Breckfield Road North. Close to plenty of amenities and shops as well as only being just over 1.5 miles away from the Royal hospital, Liverpool City Centre and Universities.

ACCOMMODATION
Retail unit: Shop front and store
Ground floor: Kitchen, living room, bathroom
First floor: 3 x bedrooms
Outside: Yard to rear, on-street parking to the front

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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