Auction Property Details

For sale by auction 13th September 2017 at Liverpool Town Hall

WHY BUY?
10 x bedroom HMO
Fully furnished
Close to Sefton Park
Potential income £53,040pa
Ideal student investment

DESCRIPTION
This is a large semi-detached fully licensed 10 bedroom HMO. The property currently has 5 x bedrooms let at a combined income of £1911pcm/£22,932pa to young professionals. 6 of the bedrooms benefit from en-suite shower rooms while there are a further 2 x communal shower rooms to service the other 5 x bedrooms. There is a large communal lounge/dining room and a large fully fitted modern kitchen to the ground floor and additional smaller fitted kitchen to the first floor. To the rear there is a shared yard while there is ample on-street parking to the front. The current owner has aimed the property at the young professionals market but this properties, size, quality and location could make it an ideal student let. If each en-suite room was let at £110pppw all inclusive and the double bedrooms let at £90pppw all inclusive, then the total gross rental potential would be £53,040pa.

LOCATION
Accessed from Smithdown & Croxteth Roads. Close to Sefton Park, Lark Lane and Smithdown Road with plenty of shops, bars and other amenities within walking distance. There are regular buses to Liverpool City Centre and all universities on Smithdown and Croxteth Roads.

ACCOMMODATION
Ground floor: Entrance hall, living/dining room, kitchen, bedroom 1 & 2, storage cupboard
First floor: Shower room, kitchen, bedroom 3,4,5 & 6, shower room 2
Second floor: bedrooms 7,8,9 & 10
Outside: Yard to rear, on-street parking to front

Bedroom 1: En-suite - tenanted at £370pcm
Bedroom 2: En-suite - vacant
Bedroom 3: Double - vacant
Bedroom 4: En-suite - tenanted at £370pcm
Bedroom 5: En-suite - tenanted at £390pcm
Bedroom 6: Double - vacant
Bedroom 7: Double - vacant
Bedroom 8: En-suite - tenanted at £369pcm
Bedroom 9: En-suite - tenanted at £412pcm
Bedroom 10: Double - vacant

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.