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Lot 22 - Wednesday 13th September 20172 Ullswater Street & 273-277 Breck Ro, Liverpool, Liverpool, Merseyside, L5 6QX

Offers in the Region Of £240,000

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For sale by auction 13th September 2017WHY BUY?9 x self contained flats3 x Retail UnitsAchieving circa £1600pcmPotential to add valueDESCRIPTIONThis is a large corner property that has been configured to provide 8 x one bedroom and 1 x two bedroom self contained flats, as well as 3 x single commercial units. We have been informed by the vendors that 2 of the flats are currently tenanted and achieving circa £800pcm with the remaining 7 flats vacant at present. There is plenty of scope to increase rental and capital values with a scheme of refurbishment. Once works are completed, and if the one bedroom flats are tenanted at £350pcm, and the two bedroom flat at £425pcm, then the total potential income could be in the region of £3,325pcm/£38,700pa. In terms of the commercial aspect, we've been advised by the vendors that one of the units is rented as an Arcade at £400pcm, one is rented to a Cobblers at £400pcm with the other unit currently vacant.LOCATIONOn the corner of ullswater Street and Breck Road. There are plenty of shops and amenities within walking distance. Regular bus services to Liverpool City Centre go from Breck Road. The property is on the cusp of the Anfield Regeneration Zone.

ACCOMMODATION
Flat 1: Private entrance from Ullswater St - Bedroom, shower room, kitchen, living roomFiat 2: Private entrance from Ullswater St - Bedroom, shower room, Bedroom 2 kitchen, living roomFlat 3: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 4: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 5: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 6: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 7: Communal entrance - Upper First floor - Bedroom, shower room, kitchen, living roomFlat 8: Communal entrance - Second floor - Bedroom, shower room, kitchen, living roomFlat 9: Communal entrance - Second floor - Bedroom, shower room, kitchen, living roomCommercial Unit 1 - VacantCommercial Unit 2 - Rented as Arcade @ £400pcmCommercial Unit 3 - Rented to Cobblers @ £400pcmNB - Venmores have not had access to all of the units and so most information has been provided by the vendor and their management agents

For sale by auction 13th September 2017

WHY BUY?

9 x self contained flats3 x Retail UnitsAchieving circa £1600pcmPotential to add valueDESCRIPTIONThis is a large corner property that has been configured to provide 8 x one bedroom and 1 x two bedroom self contained flats, as well as 3 x single commercial units. We have been informed by the vendors that 2 of the flats are currently tenanted and achieving circa £800pcm with the remaining 7 flats vacant at present. There is plenty of scope to increase rental and capital values with a scheme of refurbishment. Once works are completed, and if the one bedroom flats are tenanted at £350pcm, and the two bedroom flat at £425pcm, then the total potential income could be in the region of £3,325pcm/£38,700pa. In terms of the commercial aspect, we've been advised by the vendors that one of the units is rented as an Arcade at £400pcm, one is rented to a Cobblers at £400pcm with the other unit currently vacant.LOCATIONOn the corner of ullswater Street and Breck Road. There are plenty of shops and amenities within walking distance. Regular bus services to Liverpool City Centre go from Breck Road. The property is on the cusp of the Anfield Regeneration Zone.

ACCOMMODATION

Flat 1: Private entrance from Ullswater St - Bedroom, shower room, kitchen, living roomFiat 2: Private entrance from Ullswater St  - Bedroom, shower room, Bedroom 2 kitchen, living roomFlat 3: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 4: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 5: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 6: Communal entrance - First floor - Bedroom, shower room, kitchen, living roomFlat 7: Communal entrance - Upper First floor - Bedroom, shower room, kitchen, living roomFlat 8: Communal entrance - Second floor - Bedroom, shower room, kitchen, living roomFlat 9: Communal entrance - Second floor - Bedroom, shower room, kitchen, living roomCommercial Unit 1 - VacantCommercial Unit 2 - Rented as Arcade @ £400pcmCommercial Unit 3 - Rented to Cobblers @ £400pcmNB - Venmores have not had access to all of the units and so most information has been provided by the vendor and their management agents 

 

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